The DT dismissed the Application Number 207/2022 as settled out of court after the respondent agreed to remit Rs.50 lakhs. The court allowed the application for settlement without costs and directed document return.
OA disposed of as settled out of court without costs; registry directed to return original documents.
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.207/2022 27.03.2023
IN THE DEBTS RECOVERY TRIBUNAL – III, CHENNAI
Dated this the 27th day of March, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
O.A. No. 207 of 2022
South Indian Bank Limited, Ambattur Branch,PMR Towers, Door Nos.6A and 6B, Menambedu Main Road, Coromandel Town, Ambattur Industrial Estate, Chennai – 600 098 Rep. by its Branch Manager. ….Applicant
Versus
Also residing at
M/s.SKR Trading, Door No.1-6-3, Arihant Majestic Towers, No.216, Jawaharlal Nehru Salai, Koyambedu 100 Feet Road, Koyambedu, Chennai – 600 107.
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OA No.207/2022 27.03.2023
Also residing at:
Mr.J.Jeeva Ganesh, Door No.1-6-3, Arihant Majestic Towers, No.216, Jawaharlal Nehru Salai, Koyambedu 100 Feet Road, Koyambedu, Chennai – 600 107. ....Defendants
Counsel for Applicant Bank : M/s.M.L.Ganesh
O R D E R
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OA No.207/2022 27.03.2023
Court fee. Applicant bank had also filed another memo praying for return of all original documents.
affidavit to applicant bank under proper acknowledgment as per extant guidelines.
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt on this the 27th day of March, 2023)
Sd/- (GANAPATHI K.R.K)
South Indian Bank Limited
M/s.SKR Trading
Mr.J.Suresh Kumar
Mrs.S.Radha
Mr.J.Jeeva Ganesh
Shri Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
