R Karthikeyan v. Rbl Bank Limited
Case brief
What is this about?
The Debt Recovery Appellate Tribunal at Chennai, in IA 938/2025 (Waiver), dismissed the application due to the appellant's failure to comply with the mandatory 25% pre-deposit order dated 17.03.2026. Consequently, the underlying appeal (AIR (SA) 722/2025) was rejected.
What did the court decide?
Application for waiver of pre-deposit dismissed; underlying appeal (AIR (SA) 722/2025) rejected.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 17th Day of April, 2026
PRESENT: HON'BLE MR. JUSTICE G. Chandrasekharan CHAIRPERSON
IA 936/2025 (Waiver)
In
AIR (SA) 722 of 2025
(Arising out of SA No.299/2023 on the file of DRT-III, Chennai)
Between
Mr. R. Karthikeyan, S/o Rathinasamy, No. 2, Karpagavinayakar Koil Street, Sembarambakkam, Thiruvallur District, Tamilnadu 600 123. ..…Appellant
And
The Authorised Officer, RBL Bank Limited, Saikalyani Towers, Old No. 105, New No. 56, G.N.Chetty Road, T. Nagar, Chennai 600 017. …..Respondent
Issues for consideration
1 issue framed by the court
Whether the appeal should be rejected for non-compliance of the statutory pre-deposit order dated 17.03.2026?
Parties & counsel
- appellant
Mr. R. Karthikeyan
- respondent
The Authorised Officer, RBL Bank Limited
Coram
G. Chandrasekharan
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · April
- CNR
- 331090007222025
- Topic
- Banking and Recovery
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