Dismissed
Roche S v. The a O Cholamandalam Investment And Finance Company Ltd.
DRTSA/77/2023
Case brief
AI extract
What is this about?
In this SARFAESI application, the applicant challenged a possession notice. The Tribunal held that since the applicant had already handed over vacant possession of the secured asset to the respondent after an auction sale, the challenge became infructuous and was dismissed.
What did the court decide?
The SARFAESI application was dismissed without costs, pending IAs are closed, and interim orders granted subsisting are vacated.