In this disposable order, the Debt Recovery Tribunal disposed of the original money recovery application by accepting the settlement offered by the defendants to the applicant bank out of court.
OA disposed of as settled out of Court without costs; applicant bank directed to refund court fee.
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.123 of 2023 20.10.2023
IN THE DEBTS RECOVERY TRIBUNAL – III, CHENNAI
Dated this the 20th day of October, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
ORIGINAL APPLICATION No. 123 of 2023
City Union Bank Limited, Semmancheri Branch, No.3, O.M.R. Road, Semmancheri, Chennai – 600 119, Represented by its Branch Manager .....Applicant
-Vs-
Counsels on record / appeared:
Counsel for Applicant : M/s. S. Anuradha Balaji
O R D E R
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OA No.123 of 2023 20.10.2023
of Rs.96 Lakhs on 10.08.2023 towards full and final settlement of the OA claim. Hence, applicant bank prayed that the OA claim may be treated as settled out of Court and also prayed for refund of eligible Court fee.
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt on this the 20th day of October, 2023)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
City Union Bank Limited, Semmancheri Branch
Mr.T.Kadiravan
Mrs.K.Sharmila
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
