Dismissed
Manokaran v. Cholamandalam Investment and Finance Company Ltd.
DRTSA/446/2023
Case brief
AI extract
What is this about?
The Debts Recovery Tribunal dismissed the applicant's SARFAESI application challenging a new e-auction notice as infructuous because the previous auction failed due to lack of bidders. The tribunal disposed of pending interim applications vacating stays.
What did the court decide?
SARFAESI application dismissed as infructuous; interim orders stayed vacated; pending IAs disposed without order of costs.