The Debts Recovery Tribunal, Chennai, disposed of a writ challenging an e-auction notice after it was jointly submitted that the loan account was settled under an OTS scheme, had no dues, and was closed based on a No Dues Certificate.
Case disposed as settled out of court; all interim orders and pending IAs vacated or 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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S.A.20 of 2023 26.04.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 26th day of April, 2023
Present: Shri Ganapathi K.R.K.
Presiding Officer
SARFAESI APPLICATION No. 20 of 2023
The Authorised Officer, Canara Bank, Assets Recovery Management Branch, Novelty Road, Karnal, Haryana. ….Respondent
Counsels on record / appeared:
Counsel for Applicant : M/s.S.Vasudevan. Counsel for Respondent : M/s.T.S.Gopalan.
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S.A.20 of 2023 26.04.2023
ORDER
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 26th day of April, 2023)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
M/s. Kriti Inter Trade
Smt. Neelalogini Suppiah
Sri Sadeesh Permanath Suppiah
Sri Arunasalam Suppiah
The Authorised Officer
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
