Tribunal disposed of an appeal against an interim stay order under SARFAESI Act. Having noted compliance with pre-deposit, it directed the lower court to expedite disposal of the main secured assets application.
No specific relief granted pending main filing; parties to bear own costs.
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.
MA(SA) 18/2025
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 4th day of June, 2025
PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON
MA (SA) 18/2025
(arising out of IA 1095/2024 in SA No.271/2024 on the file of DRT-II, Chennai)
Between
1. G. Kamal Chand, S/o Ganeshmal, Proprietor M/s Sri Jain Jewellery, No.17, Anna Salai, Thanjavur 613 001.
2. Mrs. K. Ranjana Devi, W/o G. Kamal Chand, No.369/1A, Abraham Pandithar Road, Thanjavur 613 001.
…..Appellants
And
The Authorised officer, DBS Bank, Regional Office, 2nd Floor, Salam Main road, Karur 639 006.
…..Respondent Bank
Counsel for Appellants : Shri N. Balasubrmaian Counsel for Respondent Bank : M/s A. A. Arun Babu
1
MA(SA) 18/2025
ORDER
2
MA(SA) 18/2025
accordance with law.
direction. Parties are directed to bear their own costs.
[Dictated to Steno(SN), transcribed by him, corrected, signed and pronounced by me in open court, this 4th Day of June, 2025)
Sd/- (JUSTICE G. CHANDRASEKHARAN) CHAIRPERSON
3
G. Kamal Chand & Mrs. K. Ranjana Devi
Authorised officer, DBS Bank
G. Chandraskeseraran
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
