Debt Recovery Tribunal disposed of the out-of-court settlement (OTS) application of the bank, having accepted that defendants had remitted a sum as full and final settlement, without awarding costs.
The OA claim was treated as settled out of Court and the OA was disposed of without costs. Applicant bank directed to refund eligible 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.295/2022 20.04.2023
IN THE DEBTS RECOVERY TRIBUNAL – III, CHENNAI
Dated this the 20th day of April, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
O.A. No. 295 of 2022
Punjab & Sind Bank Mogappair Branch, No.2, 403, Seethakathi Salai, Block 12, Block 3, J.J.Nagar, Mogappair East, Chennai – 600 037 Rep. by its Manager ....Applicant
Versus
Counsel for Applicant : Mr.P.Reghu Raja.
O R D E R
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OA No.295/2022 20.04.2023
fee as per extant guidelines.
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt on this the 18th day of April, 2023)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
Punjab & Sind Bank Mogappair Branch Rep. by its Manager
Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
