The Debts Recovery Tribunal disposed of the Original Application filed by a bank for loan recovery as settled out of court after defendants remitted part of the dues under an Outside Court Settlement agreement.
OA treated as settled out of Court without costs; all other interlocutory applications 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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OA No.114 of 2023 29.11.2023
IN THE DEBTS RECOVERY TRIBUNAL – III, CHENNAI
Dated this the 29th day of November, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
ORIGINAL APPLICATION No. 114 of 2023
M/s. City Union Bank Limited
Rep. by its Branch Manager, Mannargudi Branch, No.173, Gandhi Road, Mannargudi – 614 001.
.....Applicant
-Vs-
1. Mr. V.Ayyappan,
S/o. Mr. Vaidyanathan, No.4/248-10, K.V.Kamala Illam, Rajarajan Nagar, Ashesham,
Mannargudi – 614 001.
2. Mrs. A.Chitra,
W/o. Mr. V.Ayyappan, No.4/248-10, K.V.Kamala Illam, Rajarajan Nagar, Ashesham, Mannargudi – 614 001.
....Defendants
Counsels on record / appeared:
Counsel for Applicant : M/s. A. Karthikeyan
O R D E R
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OA No.114 of 2023 29.11.2023
(Dictated to Steno (DD), transcribed by her, corrected, signed and processed by me through E-drt on this the 29th day of November, 2023)
Sd/-
(GANAPATHI K.R.K) PRESIDING OFFICER
M/s. City Union Bank Limited
Mr. V.Ayyappan
Mrs. A.Chitra
Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
