DRT-III Chennai disposed of a transferred recovery application relating to loan dues upon the respondent's full settlement and loan closure.
Case disposed of as settled out of court without costs; original documents returned to applicant.
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.
1
T.A. 11 of 2023 10.02.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 10th day of February, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No. 11 of 2023
(Originally filed before DRT II Chennai as OA No.185 of 2021 and thereafter transferred to this Tribunal and renumbered as TA No.11 of 2023)
Union Bank of India Erstwhile Corporation Bank Now Merged with Union Bank of India, Stressed Asset Management Branch At No.38 & 39, Whites Road, Royapettah, Chennai – 600 014 Rep. by its Assistant General Manager
Mr.N.Satyanarayana Babji. ….Applicant
Vs.
2
T.A. 11 of 2023 10.02.2023
T.Nagar, Chennai – 600 017. ….Respondents
Counsels on record / appeared:
Counsel for Applicant : M/s.N.Venkateswaran.
ORDER
3
T.A. 11 of 2023 10.02.2023
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt on this the 10th day of February, 2023)
Sd/-
(GANAPATHI K.R.K) PRESIDING OFFICER
Union Bank of India
M/s.Rathna Stores (P) Limited
Mr.S.Ravishankar
Mr.S.Sivakumar
Mr.S.Ganesh
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
