The Debt Recovery Appellate Tribunal at Chennai dismissed the waiver application for failure to comply with the pre-deposit order. Consequently, the underlying appeal was rejected as per the earlier conditional order.
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 6th Day of April, 2026
PRESENT: HON'BLE MR. JUSTICE G. Chandrasekharan CHAIRPERSON
IA 335/2026 (Waiver) In
AIR (SA) 495 of 2026
(Arising out of IA 147/2026 in SA 48/2026 on the file of DRT-III, Chennai)
Between
Both are residing at Plot No.40 Sri Ragavendra Nagar, Morai Village, Avadi, Chennai 600 055. ..…Appellants
And
M/s. SMFG India Home Finance Company Limited, Rep. by its Authorised Officer M/s. Madhusudanan, Maduravoyal, Chennai 600 095. …..Respondent
Counsel for Appellants : M/s.A. Arasu Sanga Tamil Counsel for Respondent : M/s. V. Balasubramani
1
ORDER
No representation for the petitioners. This matter is coming up today for reporting compliance of statutory deposit.
ra
2
Sivakumar Manokaran & Ors.
M/s. SMFG India Home Finance Company Limited
G. Chandrasekharan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
