Debts Recovery Tribunals and Appellate Tribunals

BHARANI HI TECH AGRO INDUSTRIES vs CANARA BANK on 27 September 2024

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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI

Dated the 27th day of September, 2024

PRESENT: THE HON’BLE MR.JUSTICE ANIL KUMAR SRIVASTAVA

CHAIRPERSON, DRAT, KOLKATTA

(Holding Addl. Charge of DRAT, Chennai)

IA 22/2023 (Waiver)

In

AIR (SA) 455/2022

( Arising out of IA 2919/22 in SA 742/2022 on the of DRT-I, Bangalore)

Between

1. Bharani Hi Tech Agro Industries,

Rep. by its Proprietor Mr. Anand L.

2. Anand L. (Proprietor), S/o Lagumappa,

3. Mr. Harsha Anand L. S/o Mr. Anand L.

4. Smt. Chiatra Anand, W/o Mr. Anand L.

R1 to R4 are at:

No.1136, 2nd Main Road, 2nd Block,

BEL Layout, Vidyaranyapura,

Bengaluru 560 097.

…Appellants

And

The Authorised Officer,

Canara Bank,

Hi Tech Agriculture Finance Branch,

Block F, No.1310, 3rd Cross, CSI Compound, 1st Floor, JC Road, Bengaluru 560 097.

…Respondent Bank

Counsel for appellants

: M/s Thanu Madhan N.S. & Co.

Counsel for Respondent Bank

: M/s S. Pandurangan & Co.

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ORDER

None is present for petitioners/appellants. Ld. Counsel for respondent bank is present.

It appears that for last so many dates, none appeared for petitioners/appellants. It appears petitioners/appellants are not interested in contesting the matter, which is still pending at the stage of disposal of waiver application.

Accordingly, waiver application, being IA 22/2023 is dismissed for default. Consequently, Appeal AIR (SA) 455/2022 is dismissed as being not maintainable.

Sd/- (JUSTICE ANIL KUMAR SRIVASTAVA) Chairperson, DRAT, Kolkata Holding Addl. Charge of DRAT, Chennai

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