Ashraf G Bawa v. Karur Vysya Bank
Case brief
What is this about?
The appellant filed an application for waiver of security as well as an appeal. Since the matter had been settled out of court through an OTS agreement involving payment of a sum, the application and appeal were disposed of with no adjudication.
What did the court decide?
Waiver application IA 138/2025 and the appeal were disposed of as settled out of the Tribunal through OTS. The parties shall bear their own costs.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 17th day of July, 2025
PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN
CHAIRPERSON
IA 138/2025 (Waiver)
in
AIR (SA) 1663/2024
(Arising out of IA 2301/2022 in SA 549/2022 on the file of
DRT-I, Karnataka at Bengaluru)
Between
Ashraf G Bawa, S/o G A Bawa,
33, Gadgul Nandi View Layout, Dinnur Road, R.T. Nagar, Bengalurur, Karnataka 560 032. … Appellant
Parties & counsel
- appellant
Ashraf G Bawa
- respondent
The Karur Vysya Bank Limited
Coram
G. Chandrasekharan
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · July
- CNR
- 331090016632024
- Topic
- Banking and Recovery
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