Common order disposing of two appeals in recovery proceedings. The Court dismissed a bank's claim and accepted the defendant's counter-claim of Rs.1,23,959/- with 9% per annum interest.
Claim dismissed; Counter-claim of Rs.1,23,959/- with 9% p.a. interest from 10.12.2013 accepted.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
R.A:52/2018
Sbi V/S Smt.C.H.Rajani
06/02/2023
Order pronounced (vide separate Common Order) in open court. Claim of Bank in TA 524/2017 is dismissed and Counter Claim of Defendant to the extent Rs.1,23,959/-, is accepted, directing Bank to pay said amount with interest at the rate of 9% p.a. (simple) from 10.12.2013 till realization. Accordingly, th e Appeals RA: 52/2018 & RA: 78/2018 are disposed of with no order as to costs. All pending IAs, if any, stand closed.
Sd/Chairperson
3 issues framed by the court
Validity of the counter-claim accepted against the bank
Accordance of interest at 9% per annum from 10.12.2013
Right of the defendant over Rs.1,23,959/-
Sbi
As recorded by the court registry
12 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
