Shri Stephen Nehru And Smt S Rajeswari v. Indian Bank
Case brief
What is this about?
In IA 354 of 2026, the Chennai Debt Recovery Appellate Tribunal dismissed a waiver application because the payment was not made in conformity with a conditional order dated 16.6.2026 passed in the matter.
What did the court decide?
Dismissal of IA No. 354 of 2026 (waiver application) and rejection of AIR No. 44 of 2026.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 16th day of July, 2026
PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON
IA 354 of 2026 in AIR (SA) 44 of 2026
(arising out of IA 2830 of 2025 SA No.824 of 2025 on the file of DRT-III, Chennai)
Between
- Shri Stephen Nehru, No. 30/5, 2nd Street, Sowrashtra Nagar, Choolaimedu, Chennai – 600 094
- Smt. S. Rajeswari, No. 30/5, 2nd Street, Sowrashtra Nagar, Choolaimedu, Chennai – 600 094
….. Appellants
And
The Authorized Officer, Indian Bank, Siruseri IT Park Branch, F-13, 1st Main Road, OMR Road, Chengalpattu – 603 103 ….. Respondent
Issues for consideration
1 issue framed by the court
Whether the waiver amount was paid in compliance with an order and what is the consequence of non-compliance.
Parties & counsel
- appellant
Stephen Nehru
- appellant
S. Rajeswari
- respondent
The Authorized Officer, Indian Bank, Siruseri IT Park Branch
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · July
- CNR
- 331090000442026
- Topic
- Banking and Recovery
Similar cases
Judgements on the same questions, provisions and authorities, from every court