Saturday, November 10, 2012

M/s.S.L.T.Farms (P) ltd & anr V/S IOB


A.IR:236/2010



Record of proceedings on 7.11.2012 in IA No.586/2010 (delay):  No representation for the petitioners.  Petitioners are called absent.    

Ld. Counsel Shri Benjamin George appearing on behalf of the respondent bank drew the attention of this Tribunal to the order of the Hon’ble High Court of Madras passed in WP Nos. 13456/2012, 8381/2012 and 12970/2012  and stated that in obedience to the above said order this Tribunal should dismiss this IA as condonation of delay does not arise in  cases of  appeals filed under Sec.18 of the SARFAESI Act.

Heard the Ld. Counsel for the respondent bank.

This IA is dismissed in obedience to the orders of the Hon’ble High Court of Madras passed in WP Nos. 13456/2012, 8381/2012 and 12970/2012.

The above Order was passed by the Hon''ble Chair Person of DRAT ,Chennai on 7 th Nov 2012

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