Brunthavathy v. Karur Vysya Bank
Case brief
What is this about?
Appellants failed to comply with the Tribunal's order requiring a 30% statutory pre-deposit of Rs. 9,69,00,000/- within four weeks. Consequently, the waiver application was dismissed, leading to the rejection of the underlying appeal.
What did the court decide?
Application for waiver of pre-deposit was dismissed due to non-compliance; underlying appeal rejected.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 6th Day of August, 2026
PRESENT :HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON
IA 952/2025 (Waiver) in AIR (SA) 1074/2025 (Arising out of IA 951 of 2025 in S.A.No.334/2025 on the file of DRT-II, Chennai)
Between
- K. Brunthavathy, W/o. Balasekaran (late),
- B. Jayakumar, S/o. Balasekaran (late),
- B. Sureshkumar, S/o. Balasekaran (late),
- B. Vijalakshmi, D/o. Balasekaran (late),
Appellants 1 to 4 Residing at
No. 4A, Mettu Street, Soorapanayakanchavadi, Thirupapuliyur, Cuddalore – 607 002.
… Appellants
Parties & counsel
- appellant
K. Brunthavathy
- appellant
B. Jayakumar
- appellant
B. Sureshkumar
- appellant
B. Vijalakshmi
- respondent
M/s. Karur Vysya Bank Ltd.
Case details
As recorded by the court registry
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