S Natarajan v. Indian Bank
Case brief
What is this about?
The tribunal dismissed an application for waiver of pre-deposit because the appellant failed to deposit the required 30% amount by the stipulated deadline of 22.04.2025.
What did the court decide?
Application for waiver of pre-deposit 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 24th day of April, 2025
PRESENT : HON’BLE MR. JUSTICE G. CHANDRASEKHARAN
CHAIRPERSON
IA 70/2025 (Waiver) In
AIR (SA) 1577/2024
(Arising out of I.A.No.1600/2024 in S.A.No.579/2024 on the file of DRT-III, Chennai)
Between
S. Natarajan, S/o. Selvarasu, No. 4, Kuyavar Street, Murungapakkam, Puducherry – 605 004. …Appellant
And
Authorised Officer, Indian Bank, Villianoor Branch, No. 9/53, Pondy Road, Villianoor, Pondicherry – 605 110. ...Respondent
Counsel for Appellant : Mr. S. Seshadri Counsel for Respondent : Mr. K. Radhakrishnamurthy
Issues for consideration
1 issue framed by the court
Whether the appellant was in compliance with the order for statutory deposit.
Parties & counsel
- appellant
S. Natarajan
- respondent
Authorised Officer, Indian Bank
Coram
G. Chandrasekharan
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · April
- CNR
- 331090015772024
- Topic
- Banking and Recovery
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