M/S.Balaji Theatre v. The Authorised Officer

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 23.08.2018 CORAM :

The Hon'ble Mrs.V.K.TAHILRAMANI, CHIEF JUSTICE AND The Hon'ble Mr.JUSTICE M.DURAISWAMY C.R.P. Nos.3669 to 3671 of 2014 and M.P.Nos.1 of 2014 (3 Nos.) 1.M/s.Balaji Theatre 2.R.Perumal @ R.Kaliaperumal 3.P.Apparsamy .. Petitioners in CRP.3669/14 M/s.Balaji Theatre Rep. by its Partner R.Perumal .. Petitioner in CRP.3670/14 1.M/s.Lucky & Co., G.F.23, Nehru Street, Pondicherry-605 001.

2.R.Perumal @ Kaliyaperumal .. Petitioners in CRP.3671/14 -vs1.The Authorised Officer, UCO Bank, Bazaar Branch, No.21, Jawaharlal Nehru Street, Puduchery-605 001.

2.IFCI Limited, Continental Chambers, 142, Mahatma Gandhi Road, P.B.No.3318, Chennai 600 034.

.. Respondents in all CRPs.

Revision Petitions filed under Article 227 of the Constitution of India against the common order dated 14.08.2014 passed in in I.A.No.201 of 2012 in M.A.No.57 of 2011 in T.A.No.422 of 1998; in S.I.A.No.193 of 2012 in S.I.A.No.157 of 2011 in S.A.No.342 of 2008; and in M.A.No.67 of 2012 in M.A.No.37 of 2011 in D.R.C.No.135 of 2001 in O.A.No.357 of 2001, on the file of the Debts Recovery Tribunal-I, Chennai.

For Petitioners in all CRPs :

Mr.R.Nagasundaram For Respondents :

Mr.P.Raghunathan for M/s.T.S.Gopalan & Co. for R-2 :

No appearance for R-1

O R D E R

(Order of the Court was made by The Hon'ble Chief Justice) The petitioners have preferred these revision petitions against the common order of the Debts Recovery Tribunal-I at Chennai, dated 14.08.2014, passed in I.A.No.201 of 2012 in M.A.No.57 of 2011 in T.A.No.422 of 1998; in S.I.A.No.193 of 2012 in S.I.A.No.57 of 2011 in S.A.No.342 of 2008; and in M.A.No.67 of 2012 in M.A.No.37 of 2011 in D.R.C.No.135 of 2001 in O.A.No.357 of 2001, respectively.

2.As stated earlier, these petitions are directed against the order of the Debts Recovery Tribunal, in such case, we are of the opinion that it will be appropriate that the petitioners approach the Debts Recovery Appellate Tribunal against the common order of the Debts Recovery Tribunal dated 14.08.2014. It is open to the petitioners to prefer appropriate proceedings in accordance with law before the Debts Recovery Appellate Tribunal. Learned counsel for the petitioners makes a statement that they will approach the Debts Recovery Appellate Tribunal within ten (10) days.

3.The Debts Recovery Appellate Tribunal, while considering the aspect of delay, will take into account the time of the pendency of these petitions before this Court. 4.Looking to the fact that the matter is a very old one, the Debts Recovery Appellate Tribunal is requested to dispose of the proceedings as expeditiously as possible.

The Civil Revision Petitions are, accordingly, disposed of. No costs. Consequently, M.P.Nos.1 of 2014 (3 Nos.) are closed. Sd/- Assistant Registrar(CS V) //True Copy// Sub Assistant Registrar sra To 1.The Debts Recovery Tribunal-I, Chennai.

+3cc to Mr.R.Nagasundaram, Advocate, S.R.No.57951 +1cc to Mr.T.S.Gopalan & CO, Advocate, S.R.No.57501 C.R.P.Nos.3669 to 3671 of 2014 RK(CO) GSP(06/09/2018)