The Debt Recovery Tribunal dismissed the SARFAESI appeal as not pressed, ruling that the undertaking to surrender vacant possession of the property rendered the application devoid of substantive merit.
The SARFAESI application dismissed as not pressed; interim stay 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. No.135 of 2022 11.07.2022
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 11th day of July, 2022
Present: Shri Ganapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No. 135 of 2022
Mrs.Priya Lalchand Budhrani W/o.Lal J.Budhrani Proprietrix – M/s.Pleasant International Residing at Plat No.7E, Vednivas No.52, 7th Floor, Taylors Road Kilpauk, Chennai – 600 010
….Appellant
Vs.
The Authorised Officer M/s.Deutsche Bank AG 4-4A, Ground Floor, West Tower, Sunny Side Shafi Mohammad Road Chennai – 600 006
….Respondent
Counsel for Applicant : M/s.B.Thilak Narayanan & G.Sanjeevi
ORDER
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S.A. No.135 of 2022 11.07.2022
had surrendered the vacant possession of the subject immovable property being Flat No.7E, Vednivas, No.52, 7th Floor, Taylors Road, Kilpauk, Chennai – 600 010 to respondent on 06.06.2022. Hence applicant through her Ld. counsel prayed that the SA is not pressed and prayed for passing necessary orders.
guidelines.
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in open Court on this the 11th day of July, 2022)
Sd/-
(GANAPATHI K.R.K)
PRESIDING OFFICER
1 provisions across 1 enactments
Mrs. Priya Lalchand Budhrani
The Authorised Officer, M/s. Deutsche Bank AG
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
