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2017 Supreme(Mad) 3524

S.MANIKUMAR, R.SURESH KUMAR
Edelweiss Asset Reconstruction Company – Appellant
Versus
Vintage Foods & Industries Ltd. – Respondent


Advocates:
Advocate Appeared:
For the Petitioner:Srinath Sridevan, Advocate
For the Respondents:B. Dhanraj, Advocate

JUDGMENT :

S. Manikumar, J.

1. Challenge in this civil revision petition is to the order made in M.A. No.131 of 2013 dated 11.03.2015 passed by the Debts Recovery Appellate Tribunal, Chennai.

2. Facts deduced from the supporting affidavit and the materials on record are that, originally Export and Import Bank of India, through its General Manager, Bangalore, has filed O.A. No.326 of 2002 against Vintage Foods & Industries Ltd, represented by its Managing Director and five others, for the following reliefs:

(a) This Hon'ble Tribunal be pleased to issue a Recovery Certificate to the Applicant to recover from the Defendant Nos.1 to 3 jointly and severally an aggregate sum of Rs.21,76,42,758.42 in respect of the Loan and the Funded Interest Loan, as more particularly set out in the said Statement of Claim, produced herewith and marked as Annexure 'N' to this Application, (including stamp duty of Rs.6,00,000/- and incidental expenses incurred by the Applicant on behalf of Defendant No.1 in respect of the Deed of Simple Mortgage dated 4.5.2002, as requested by Defendant No.1 vide its letter dated 28.2.2002 produced herewith and marked as Annexure "Q") together with further interest at the ra




































































































































































































































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