Debts Recovery Tribunal allowed applicant bank's petition to dispose of an outstanding recovery application as settled out of court after defendants remitted the full claimed amount under an Out of Court Settlement.
OA disposed of as settled out of Court; registry directed to return documents; no costs awarded.
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T.A. No. 1132 of 2023
17.08.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 17th day of August, 2023
Present: Shri Ganapathi K.R.K.
Presiding Officer
TRANSFERRED APPLICATION No. 1132 of 2023
(Originally filed before DRT- II, Chennai as OA No.751 of 2019 and thereafter transferred to this Tribunal and renumbered as TA No.1132 of 2023)
Indian Overseas Bank, Vyasarpadi Branch, Represented by its Assistant General Manager No.338, West Avenue, MKB Nagar, Chennai – 600 039.
….Applicant
Vs
….Defendants
Counsels on record / appeared:
Counsel for Applicant : M/s. K.Radhakrishnamurthy Counsel for Defendants : M/s. J.Suresh
ORDER
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T.A. No. 1132 of 2023
17.08.2023
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 17th day of August, 2023)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
Indian Overseas Bank, Vyasarpadi Branch
M/s. J.S. Form House
Mr. J. Srinivasan
Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
