The Debts Recovery Tribunal disposed of O.A. No. 134 of 2022 regarding recovery of Rs. 71.57 lakhs, treating the claim as settled out of court after the defendants remitted Rs. 46 lakhs under an OTP agreement, without awarding costs.
OA treated as settled out of court without costs; court fee refund processed.
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.
OA No.134/2022 22.07.2022
IN THE DEBTS RECOVERY TRIBUNAL – III, CHENNAI
Dated this the 22nd day of July, 2022
Present: Shri Ganapathi K.R.K. Presiding Officer
O.A. No. 134 of 2022
M/s. CITY UNION BANK LTD,
Represented by its Chief Manager, Vedaranyam – 614 810.
....Applicant
Versus
North Street, Vedaranyam – 614 810.
AST Building, North Street, Vedaranyam – 614 810.
....Defendants
Counsel for Applicant : M/s.T. Shanmugananda Vijayakumar
O R D E R
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt on this the 22nd day of July, 2022)
Sd/-
PRESIDING OFFICER
M/s. City Union Bank Ltd
M/s. New Famous Sarees and Readymades
Mrs. U. Ezhilarasi
M/s. New Famous Readymade
Mr. R. Udayakumar
M/s. Big Famous Shopping
Shri Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
