Deeds Recovery Tribunal disposed of an outstanding application filed by a bank for debt recovery after the defendants settled the claim out of court by remitting significant funds.
Transfer application disposed as settled out of Court, without costs; court fee refund to be processed.
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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T.A. No. 1129 of 2023
28.08.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 28th day of August, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No. 1129 of 2023
(Originally filed before DRT- II, Chennai as OA No.436 of 2020 and thereafter transferred to this Tribunal and renumbered as TA No.1129 of 2023)
Union Bank of India (Erstwhile Corporation Bank), Assets Recovery Management Branch, Whites Road, Royapattah, Chennai – 600 014.
….Applicant
Vs
….Defendants
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T.A. No. 1129 of 2023
28.08.2023
Counsels on record / appeared:
Counsel for Applicant : M/s. S. Sethuraman
ORDER
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 28th day of August, 2023)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
Union Bank of India
M/s. Aran Kitchen World India Private Ltd
Mr. Rajesh Jain Bohra
Mr. Ashok Jain Bohra
M/s. Bohra Kitchens Private Ltd
M/s. Bohra Sanitaries Private Ltd
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
