Current Trends v. State Bank Of India

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 19.09.2023

CORAM

THE HON'BLE MR.SANJAY V.GANGAPURWALA , CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE P.D.AUDIKESAVALU and CMP No.20501 of 2023

1. Current Trends, Rep. by its Partner, Sri.S.Krishna Kumar, No.28/15, M.K.Building, Indira Nagar, 1st Street, Behind CSI Church, Avinashi Road, Gandhinagar Post, Tirupur 641 603.

2. S.Krishnakumar ... Petitioners -vs1. State Bank of India Stressed Assets Management Branch, Rep. by its Assistant General Manager, No.32, Montieth Road, Red Cross Buildings, Egmore, Chennai 600 008.

K.M.Subramanian (since deceased),

2. S.Ravi Kumar ... Respondents Prayer: Petition filed under Article 227 of the Constitution of India against the order dated 17.03.2023 in M.I.A.No.245 of 2022 in O.A.No.123 of 2011 on the file of Debts Recovery Tribunal, Coimbatore.

For the Petitioners :

Mr.Jayesh B.Dolia, Senior Counsel for Mr.T.R.Sundaram

For the Respondents :

Mr.M.L.Ganesh for R-1 * * * * *

ORDER

(Made by the Hon'ble Chief Justice) The learned senior counsel for the petitioners seeks leave to withdraw the Civil Revision Petition with liberty to approach Debt Recovery Appellate Tribunal.

2. The learned counsel for the respondent bank submits that the property is already sold.

In view of the request made, the Civil Revision Petition is disposed of as withdrawn. The petitioners may avail the alternate remedy as may be permissible under law. There will be no order as to costs. Consequently, connected miscellaneous petition is closed. (S.V.G., CJ.) (P.D.A., J.) 19.09.2023 Index : Yes/No : Yes/No sra

To The Debts Recovery Tribunal, Coimbatore.

THE HON'BLE CHIEF JUSTICE AND P.D.AUDIKESAVALU, J.

(sra) 19.09.2023