sheeja v. Kerala State Co-Operative Bank Ltd.
Case brief
What is this about?
The bench dismissed a waiver application and rejected an appeal because the petitioner failed to comply with the pre-deposit order. Settlement negotiations were unresolved as the bank had no instructions.
What did the court decide?
Waiver application dismissed and appeal rejected for non-compliance with pre-deposit order.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 24th day of April, 2026
PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON
IA 1576/2025 (Waiver) in AIR (SA) 1440/2024
(arising out of SA 171/2023 on the file of DRT-I, Ernakulam)
Between
- Sheeja, W/o Rajendran M.S., Mangattuthundathil House, Kureekkad P.O., Chandraprabhu Road, Kureekkad, Kanayannur,
- Ernakulam – 682 305
- Rajendran M.S., S/o Sukumaran, Mangattuthundathil House, Kureekkad P.O., Chandraprabhu Road, Kureekkad, Kanayannur, Ernakulam – 682 305
..… Appellants
And
Issues for consideration
2 issues framed by the court
Whether waiver of accumulated interest should be granted given non-compliance with pre-deposit condition.
Whether the appeal can be allowed despite settlement indicated by appellant counsel but not confirmed by respondent bank.
Parties & counsel
- appellant
Sheeja, W/o Rajendran M.S.
- appellant
Rajendran M.S.
- respondent
Kerala State Co-operative Bank Ltd
- respondent
Rameshan K.K.
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · April
- CNR
- 331090014402024
- Topic
- Banking and Recovery
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