Indira K v. versus South Indian Bank
Case brief
What is this about?
Appeal filed against dismissal of application seeking stay on securitisation measures sustained; appellants directed to file subsequent appeal.
What did the court decide?
Interim stay of further proceedings in securitisation measures for one month.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 08th of October, 2025
PRESENT: Hon’ble Mr. Justice G. Chandrasekharan CHAIRPERSON
M.A.[S.A].No.39/2025
(IA 3043/2024 in SA 397/2024 on the file of DRT -II, Ernakulam)
- Indira K.V, Akshaya Nikunjam, Veloor P.O, Kottayam – 686003
- Deepak Dilip, Akshaya Nikunjam, Veloor P.O, Kottayam – 686003
- Radhika Padmakumar, Akshaya Nikunjam, Veloor P.O, Kottayam – 686003 …. Appellants
And
- South Indian Bank Ltd., Represented by its Branch Manager, Kumarakom Branch, Door No. 5B, Attamangalam Arcade, Opposite Attamangalam Church, Kumarakom P.O, Kottayam - 686563
- The Authorized Officer, South Indian Bank Ltd., Regional Office, 1st Floor, Regency Square, K.K. Road, Collecorate P.O, Kottayam - 686002
Issues for consideration
2 issues framed by the court
Whether a stay of securitisation measures should be granted pending disposal of merits in the main substantial application?
Whether the erstwhile Deposit Insurance and Credit Guarantee Corporation of India Supreme Court Order is audited?
Parties & counsel
- appellant
Indira K.V
- appellant
Deepak Dilip
- appellant
Radhika Padmakumar
- respondent
South Indian Bank Ltd.
Coram
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court