Yayathi v. State Bank of India
Case brief
What is this about?
The Debt Recovery Appellate Tribunal allowed the appellant to withdraw the waiver application. Consequently, the appeal filed under Section 18 of the SARFAESI Act was rejected and dismissed.
What did the court decide?
The waiver application was dismissed; the main appeal was rejected and dismissed.
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 1ST day of August, 2025
PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN
CHAIRPERSON
AIR (SA) 1589/2024
(Arising out of IA 1490 of 2024 in SA No.386/2024 on the file of DRT-II, Chennai)
Between
J. Yayathi, S/o Jayaraman, No.20 Kamarajar Street, MGR Nagar, Chennai 600 078. …..Appellant
And
1. The Chief Manager/Authorised Officer, State Bank of India, Vandavasi Branch, Sannathi Street, Thiruvannamalai District 604 408. …..Respondents Counsel for Appellant : Ms. R.K.M. Suresh Counsel for Respondent : M/s. Suresh Law Associates
ORDER
Parties & counsel
- appellant
J. Yayathi
- respondent
The Chief Manager/Authorised Officer, State Bank of India, Vandavasi Branch
Coram
G. Chandrasekharan
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · August
- CNR
- 331090015892024
- Topic
- Banking and Recovery
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