Appellants agreed to appropriate Rs. 1,33,72,282 with interest. Tribunal directed Registry to transmit pre-deposit to the Bank and listed case for statement of account.
Directive to Registry to transmit pre-deposit and accrued interest to the Bank.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
RA 12/2025
Mr.S.Balamurugan V/S Tamilnad Mercantile Bank Ltd & Ors
13/08/2025
A memo is field by the Appellants stating that the Appellants are agreeable for appropriating a sum of Rs.1,33, 72,282/- with interest to the Bank as ordered by this Tribunal, on 03.06.2025.
Therefore, Registry, DRAT, Chennai, is directed to send the pre deposit amount with
accrued interest, if any, to the 1st Respondent Bank providing necessary details.
List the case on 03.09.2025, to find out what is the amount of pre deposit with
interest comes and what is the amount of balance to be payable, if any.
Sd/Chairperson
S.Balamurugan
Tamilnad Mercantile Bank Ltd & Ors
Chairperson
Unknown
As recorded by the court registry
2 orders share this CNR
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