Tk Ragavendhra v. Corporation Bank
Case brief
What is this about?
The Tribunal dismissed an application to condone a delay of 1746 days in filing an appeal against an order for loan recovery, holding that the stated reasons of arrest and fear were not sufficient and acceptable.
What did the court decide?
Application for condonation of delay in filing appeal is dismissed; appeal is rejected.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 12th day of June, 2025
PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON
IA 553/2019 (Delay)
In
AIR 189/2019
(Arising out of OA 204/2012 on the file of DRT, Bangalore)
Between
Mr. T. K. Raghavendra S/ o T.R.Krisnamurthy Vinayaka Regency Layout Sadenahalli, Hesaragatta Hobli Bangalore North. … Appellant
And
- Corporation Bank,
A Bank constituted under the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1980, Having its Head Office at Mangalore and branches at various Places among one at No. 40/1 , Lady Curzon Road, Shivajinagar, Bangalore -560 001, called as shivajinagar Branch, represented by its Chief manager & G.P.A. holder Sri. K. Balasubramanyam S/o Sri. Ramakrishna
Issues for consideration
2 issues framed by the court
Whether the delay of 1746 days in filing the appeal can be condoned due to arrest and fear.
Whether the ground of fear from borrowers and selling purchasers justifies condonation of delay.
Parties & counsel
- appellant
Mr. T. K. Raghavendra
- respondent
Corporation Bank
- respondent
Albert Jesuraj
- respondent
Mrs. Leena
- respondent
Karnataka State Financial Corporation Ltd.
- respondent
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · June
- CNR
- 331090001892019
- Topic
- Banking and Recovery
All orders in this case
15 orders share this CNR
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