S.A. 120 of 2022 filed under SARFAESI Act challenging a possession notice was disposed of without costs as the loan account was settled out of court by remittance of OTS amount.
S.A. disposed of as settled out of court without costs; subsisting interim orders vacated; pending IAs closed.
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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S.A. 120 of 2022 26.09.2022
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 26th day of September, 2022
Present: Shri Ganapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No. 120 of 2022
1. M.s.Kasthuree Aqua Needs No.54A, School Street Subareddypalayam Tiruvallur – 600 120
2. Mrs.Jyothi Mohan
W/o. Mohan AL 13A, 2nd Street 11th Main Road Shanthi Colony Annanagar Chennai – 600 040
3. Mrs.Kavitha Balachandar W/o. Balachandar No.17, Ramaiah Street Shenoy Nagar Chennai – 600 030
4. Mrs. Prasanthi Suman W/o. A.Suman No.56, School Street Subbareddypalayam Near NCTPS Via Minjur Chennai – 600 120
5. Mr. A.Sudheer S/o. A.Ponnaiah No.56, School Street Subbareddypalayam Near NCTPS Via Minjur Chennai – 600 120
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| S.A. 120 of 2022 26.09.2022 |
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6. Mrs. Sasirekha Banuchader W/o. A.Banuchander No.56, School Street Subbareddypalayam Near NCTPS Via Minjur Chennai – 600 120 ….Applicants Vs. The Authorised Officer City Union Bank Ltd Administrative Office No.24-B, Gandhi Nagar Kumbakonam – 612 001 ….Respondent
Counsels on record / appeared: Counsel for Applicants : M/s. N.Suresh, M.Gnanamoorthy, S.Aishwarya & D.Vasanth Counsel for Respondent : M/s. J.Senthil Kumar & M.Muthuseran
ORDER
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S.A. 120 of 2022 26.09.2022
Interim order, if any granted and subsisting till this day stands vacated and all other IAs, if any pending stand closed.
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
M.s.Kasthuree Aqua Needs and Others
The Authorised Officer, City Union Bank Ltd
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
