The Debts Recovery Tribunal admitted that the applicant had no infirmities in the procedure adopted by the respondent bank for issuing the possession notice under the SARFAESI Act, leading to the dismissal of the application.
Application dismissed without costs; interim orders vacated and other pending IAs 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. 01 of 2023 03.02.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 03rd day of February, 2023
Present: Shri Ganapathi K.R.K.
Presiding Officer
SARFAESI APPLICATION No. 01 of 2023
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S.A. 01 of 2023 03.02.2023
Counsels on record / appeared:
Counsel for Applicant : M/s.M.Elangovan.
ORDER
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 03rd day of February, 2023)
Sd/(GANAPATHI K.R.K) PRESIDING OFFICER
Mr. C. Subramanian and others
The Authorised Officer, M/s. Edelweiss Asset Reconstruction Company Limited
Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
