S.Ramasamy and R Padma v. Union Bank of India
Case brief
What is this about?
The Debts Recovery Appellate Tribunal dismissed an appeal for non-compliance of a statutory pre-deposit order. The appellant failed to deposit 25% of the amount within the prescribed four weeks, leading to the rejection of the appeal under an existing conditional order.
What did the court decide?
Application for waiver of pre-deposit dismissed; Appeal rejected due to non-compliance.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 9th of October 2025
PRESENT: Hon’ble Mr. Justice G. Chandrasekharan
CHAIRPERSON
AIR (SA) 350 of 2025
(Arising out of the order in SA 314/2024 on the file of DRT-II, Chennai
Between
- Mr. S. Ramasamy, S/o Mr. R. Shanmugam, Plot No. 60 MIG 7th Street Extn., Mogappair Eri Scheme, Mogapair, Chennai 600 037.
- Mrs. R. Padma, W/o Mr. S.R. Ramasamy, Plot No. 60 MIG 7th Street Extn., Mogappair Eri Scheme, Mogappair, Chennai 600 037. ... Appellants
And
- The Authorized Officer, Union Bank of India, Asset Recovery Branch, No. 9, ELCanso Building, Casa Magor Road, Egmore, Chennai 600 008. 2. 2. Kalpana Lal Bagadhur, Flat No. 14, Block No. 44, Shri Appt., 3rd Floor, 6th Street, 6th Block, Mogappair East, Chennai 600 037. …Respondents
Issues for consideration
1 issue framed by the court
Whether the appeal should be allowed given the appellant's failure to make the ordered pre-deposit within the stipulated time.
Parties & counsel
- appellant
Mr. S. Ramasamy
- appellant
Mrs. R. Padma
- respondent
The Authorized Officer, Union Bank of India
- respondent
Kalpana Lal Bagadhur
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · October
- CNR
- 331090003502025
- Topic
- Banking and Recovery
Similar cases
Judgements on the same questions, provisions and authorities, from every court