Sankar v. Icici Bank Limited
Case brief
What is this about?
In a SARFAESI application, the Debts Recovery Tribunal dismissed the challenge to a possession notice issued by ICICI Bank, holding that the applicant failed to prove any procedural infirmities.
What did the court decide?
SA dismissed with liberty to approach respondent bank for amicable settlement by 31.10.2022.
What the court decided
1
S.A. 51 of 2022 20.09.2022
sIN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 20th day of September, 2022
Present: Shri Ganapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No. 51 of 2022
Mr.S.Sankar S/o. J.Sekar Flat No.D-3 , No.8 Yamunai Nagar Plot No.91, and 76, 4th floor ARC Thumbura Apartment Yamuna Nagar Main Road Ayyanchery Village, Urapakkam Chennai – 603 209 ….Applicant Vs.
The Authorised Officer ICICI Bank Limited Arihant Towers Block No.1, SP 24 Ambattur Industrial Estate Chennai – 600 058 ….Respondent
Counsels on record / appeared:
Counsel for Applicant : M/s. P.L.Thulasidass, R.Chandramohan & S.Jothikumar Counsel for Respondent : M/s. S.Suresh
ORDER
Issues for consideration
1 issue framed by the court
Whether the applicant could establish infirmities in the procedure adopted by the respondent bank for issuing the possession notice.
Parties & counsel
- applicant
Mr. S. Sankar
- respondent
The Authorised Officer, ICICI Bank Limited
Coram
Ganapathi K.R.K
Case details
As recorded by the court registry
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