V Ilango v. Punjab National Bank
Case brief
What is this about?
The Debt Recovery Appellate Tribunal rejected the appellant's application for extension of time. The court held the filing was a tactic to avoid pre-deposit and protract proceedings, dismissing the waiver application and rejecting the appeal.
What did the court decide?
Application for extension of time and waiver memo rejected; waiver application in IA 670/2025 dismissed; appeal rejected.
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 22nd day of September, 2025
PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN
CHAIRPERSON
AIR (SA) 1419/2024 (Arising out of NDN (SA)No.2098/2024 on the file of DRT-II, Chennai)
Between
V. Ilango, S/o Vadivel, Proprietor M/s. Uvalakshmi Construction, No.12/22, Third Cross Street, C.I.T. Nagar, Chennai 600 035. …..Appellant
And
1. The Authorized Officer, M/s. Punjab National Bank, Circle SASTRA Centre, Chennai, Spencer Plaza, Second Floor, 769 Anna Salai, Chennai 600 002.
2. M/s. M/s. Punjab National Bank, Rep. by its Chief Manager, Zonal SASTRA South, NO. 46-49 Mezzanine Floor, PNP Tower, Royapettah High Road, Chennai 600 014.
3. Mr. R. Divya Vignesh, S/o Mr. Rathinam, Door No.11, Arumugapillaiyar Kovil Street, Gugai, Salem 638 006. …..Respondents
Issues for consideration
2 issues framed by the court
Whether the appellant's application for extension of time to comply with the Tribunal's order should be allowed.
Whether the appellant's filing of a waiver memo merely to delay proceedings constitutes valid cause for extension.
Parties & counsel
- appellant
V. Ilango
- respondent
Punjab National Bank
Coram
G. Chandrasekharan
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · September
- CNR
- 331090014192024
- Topic
- Banking and Recovery
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