N C Mohna Priya v. Punjab and Sind Bank
Case brief
What is this about?
Appeal against DRT order is dismissed for non-compliance of statutory pre-deposit of 30% of the claim amount directed by the Tribunal.
What did the court decide?
Application and subsequent appeal in AIR (SA) 1004/2025 dismissed for non-compliance of statutory pre-deposit.
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) 1004/2025
(Arising out of TSA No.198/2023 on the file of DRT-III, Chennai)
Between
N.C. Mohana Priya, D/o Chakarapani N.V., No. 43 Vellala Street, Adambakkam, Chennai 600 088. …..Appellant
And
1. M/s. Punjab & Sind Bank, Rep. by Mr. Kiran Shanker, Ashok Nagar Branch, No. 17/36 Ground Floor, 4th Avenue, Ashok Nagar, Chennai 600 083.
2. M/s. Akila Trading Corporation, 5/625, Radhika Apartments, 1st Cross Street, Vignarajapuram, Vengai Vasal, Medavakkam, Chennai 600 100. …..Respondents Counsel for Appellants : Mr. Deepak Kumar .C. Counsel for Respondent-1 : M/s. R. Krishnamoorthy
Issues for consideration
1 issue framed by the court
Whether appeal maintainable where statutory pre-deposit towards deposit has not been made as directed by the Tribunal.
Parties & counsel
- appellant
N.C. Mohana Priya
- respondent
M/s. Punjab & Sind Bank
- respondent
M/s. Akila Trading Corporation
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · September
- CNR
- 331090010042025
- Topic
- Banking and Recovery
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