Back
DEBT RECOVERY APPELLATE TRIBUNAL
Anil Kumar Srivastava, J
Phoenix ARC Private Limited – Appellant
Versus
M/s. Anand Argos Limited – Respondent
| Table of Content |
|---|
| 1. case background and relief sought (Para 1 , 2 , 3) |
| 2. credit facilities and security framework (Para 4 , 5 , 6 , 7) |
| 3. breach, notices, defenses, and factual pleadings (Para 8 , 9 , 10 , 11 , 12 , 13 , 14) |
| 4. tribunal issues and preliminary determination (Para 15 , 16) |
| 5. appeal by secured creditor against rtc findings (Para 17) |
| 6. comprehensive analysis of continuing guarantee, limitation, and mortgage by deposit of title deeds with extensive case-law references (Para 18 , 19 , 20 , 21 , 22 , 23 , 24 , 25 , 26 , 27 , 28 , 29 , 30 , 31 , 32 , 33 , 34 , 35 , 36 , 37 , 38 , 39 , 40 , 41 , 42 , 43 , 44 , 45 , 46 , 47 , 48 , 49 , 50 , 51 , 52 , 53 , 54 , 55 , 56 , 57 , 58 , 59) |
| 7. judgment outcome: appeal allowed; final orders and directions (Para 60) |
JUDGMENT : 6th May, 2025
THE APPELLATE TRIBUNAL :
1. The instant appeal has arisen against a judgment and order dated 23.11.2023 passed by the Learned Debts Recovery Tribunal-II, Hyderabad in Transfer Application No. 43 of 2019 (old Original Application No. 238 of 2002) in Phoenix ARC Private Limited vs. M/s. Anand Argos Limited whereby Learned Debts Recovery Tribunal allowed the Transfer Application filed under Section 19 of
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
