The Debts Recovery Tribunal disposed of an application for loan recovery as withdrawn by the applicant bank due to default instalment remittance and loan regularisation, without awarding costs.
The OA was allowed and disposed of as regularised and withdrawn by the applicant bank, without costs.
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.
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OA No.48/2022 17.10.2022
IN THE DEBTS RECOVERY TRIBUNAL – III, CHENNAI
Dated this the 17th day of October, 2022
Present: Shri Ganapathi K.R.K. Presiding Officer
O.A. No. 48 of 2022
M/s. Kotak Mahindra Bank Limited 5th Floor, Samson, No.402&403, Pantheon Road, Egmore, Chennai – 600 008. Represented by its Manager – Legal. Mr.D.Vimalan ....Applicant
Versus
Kancheepuram District – 603 304.
Kancheepuram District – 603 304. .…Defendants
Counsel for Applicant : M/s.Ananda Gomathy, R.Roshan.
O R D E R
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OA No.48/2022 17.10.2022
(Dictated to PS, transcribed by her, corrected, signed and pronounced in open Court on this the 17th day of October, 2022)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
M/s. Kotak Mahindra Bank Limited
Mr. Mohamad Faz
Taj Educational Cultural Trust
Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
