The Appeals Bench of the DRT, Chennai dismissed the Special Appeal filed by the applicants challenging a possession notice issued by the respondent financial institution under the SARFAESI Act. The applicants conceded there were no procedural infirmities.
The special appeal stands dismissed without costs; any interim order is vacated.
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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SA No.69/2022 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
S.A. No. 69 of 2022
No.5A, S Kambara Nagar, 1st Cross Street, Kolathur, G K M Colony – 600 082.
Versus
The Authorised Officer, GIC Housing Finance Limited, No.163/215, Mount Poonamallee High Road, Near Iyyappanthangal Bus Depot, Iyyappanthangal, Chennai – 600 056. ....Respondent
Counsels appeared / on record
Counsel for Applicant : M/s. R.K.M. Suresh Counsel for Respondent : M/s Kanchan Kar
ORDER
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SA No.69/2022 11.07.2022
(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 issue framed by the court
Whether the impugned possession notice issued under Section 13(4) of the Act contains any infirmities to warrant setting it aside.
1 provisions across 1 enactments
Mrs. B. Rajathi and Mr. Thavaraj Balasubramani
The Authorised Officer, GIC Housing Finance Limited
Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
