S Jayabal Stephen v. Tamilnad Mercantile Bank Limited
Case brief
What is this about?
This order dismisses a waiver application due to non-compliance with a pre-deposit directive of 25% of the claimed amount, resulting in the rejection of the subsequent appeal. It does not determine the merits of the underlying dispute.
What did the court decide?
Application for waiver of pre-deposit dismissed; Appeal rejected.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 16th Day of January, 2025
PRESENT: Hon'ble MR. JUSTICE G. Chandrasekharan
CHAIRPERSON
IA 497/2023 (Waiver)
In
AIR (SA) 1122/2023
(Arising out of TSA 50/2023 on the file of DRT – II, Chennai)
Between
- Mr. S.Jayabal Stephen, S/o. Stephen, No.25, Kalpana Chawla Street, Balaji Nagar, Ponneri, Tiruvallur – 601 204.
- Mrs. Kiruba, W/o. Jayabal Stephen, No.25, Kalpana Chawla Street, Balaji Nagar, Ponneri, Tiruvallur – 601 204. …Appellants
And
Parties & counsel
- petitioner
S.Jayabal Stephen
- petitioner
Kiruba
- respondent
Tamilnad Mercantile Bank
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · January
- CNR
- 331090011222023
- Topic
- Banking and Recovery
All orders in this case
8 orders share this CNR
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