EUROPEAN AMERICAN INVESTMENT BANK AG v. TELEDATA TECHOLOGY SOLUTIONS LTD
OSA/222/2020 · 2026-08-13
Gk Muthukumaar, P Velmurugan
Civil Appealbody2020
DailyLaw.ai
[ 2020 DAILYLAW 2913 (MAD) · dailylaw.ai ]
DailyLaw.ai
[ 2020 DAILYLAW 2913 (MAD) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
OSA No. 222 of 2020 __________ Page1 of 4 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 13-08-2026 CORAM THE HON'BLE MR JUSTICE P. VELMURUGAN AND THE HON'BLE MR.JUSTICE GK.MUTHUKUMAAR OSA No. 222 of 2020 and CMP No.11145 of 2020 European American Investment Bank AG Wallnerstrasse 4, Vienna, Wien 1010, Austria ..Appellant(s) Vs
1. Teledata Technology Solutions Ltd (in Provisional Liquidation), Teledata Tower, 1st Floor, 37/1,Velachery Tambaram Main Road, Velachery, Ch-42. Rep. by its Director N.Shaktivel
2. K.Padmanabhan 110/227, R.K.Mutt Road, R.A.Puram, Chennai-600 028. 3. Official Liquidator, High Court Of Madras, As Provisional Liquidator Of Teledata, Technology Solutions Ltd.,
4. Arun Panchariya J-40, Alka, Jhulnar Street No.2, Emirates Hill, Dubai, United Arab Emirates, Also At 53a, Lancaster Gate, London W2 3NA
5. Pan Asia Advisors Limited (now Known As Global Finance And Capital Limited), J-04, Alka Jhulnar Street No.2, Emirates Hill, Dubai, United Arab Emirates. https://www.mhc.tn.gov.in/judis
OSA No. 222 of 2020 __________ Page2 of 4
6. IKON Capital Limited 12-14, Wilfried Street, London SW1E6PL
7. Vintage FZE, Now Known As Alta Vista International FZE, PO Box No.61454, Jebel Ali Free Zone, Dubai, United Arab Emirates
8. Vienna International Arbitration Centre Wiedner Hauptstrasse 63, 1045 Vienna
9. Canara Bank Asset Recovery Management Branch, Anna Salai, Chennai-2 ..Respondent(s) Original Side Appeal filed under Order XXXVI Rule XI of the Original Side Rules read with Clause 15 of Letters Patent, to set aside the fair order and decretal order dated 23.10.2019 passed in C.A.No.491 of 2017 in C.A.No.79 of 2017 in C.P.No.275 of 2010. For Appellant(s): No Appearance For Respondent(s):
1)Mr.P.RAJAJI FOR Mr.H.KARTHIK SESHADRI FOR RR1 TO 3 2)M/S.KRISHNA RAVINDRAN FOR RR4 & 5 3)M/S.T.K.BHASKAR FOR R9 . 4) R6 to R8 Not Ready in Notice https://www.mhc.tn.gov.in/judis
OSA No. 222 of 2020 __________ Page3 of 4 JUDGMENT (Judgment of the Court was delivered by P.Velmurugan J.) When the matter came up before this Court on 29.07.2026, the learned counsel for the appellant reported no instructions and also filed a memo dated 20.07.2026 to that effect. Hence, the Registry was directed to delete the name of the counsel for the appellant and to print the name of the appellant in the cause list and list the matter after two weeks. 2.
Today (13.08.2026), though the name of the appellant is printed in the cause list, there is no representation for the appellant and nor any change of vakalat has been filed on their behalf. 3. Therefore, this Appeal is dismissed for non prosecution. Consequently, the connected Miscellaneous Petition is closed. No costs. (P.V.,J.) (G.K.M.,J.) 13-08-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No KSA-2 To The Sub Assistant Registrar Original Side Madras High Court https://www.mhc.tn.gov.in/judis
OSA No. 222 of 2020 __________ Page4 of 4 P.VELMURUGAN, J. AND GK.MUTHUKUMAAR, J. KSA-2 OSA No. 222 of 2020 13-08-2026 https://www.mhc.tn.gov.in/judis