The Debt Recovery Tribunal disposed of an out-of-court settlement application filed by a bank. The court allowed the application to treat the underlying recovery petition as settled based on a post-pendency remittance by the debtor without awarding costs.
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
TA No. 1147 of 2023 30.10.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 30th day of October, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No. 1147 of 2023
(Originally filed before DRT- II, Chennai as OA No.351 of 2019 and thereafter transferred to this Tribunal and renumbered as TA No.1147 of 2023)
ICICI BANK LIMITED, Rep. by its Authorized Signatory, Mr. N.B. Dhanasekaran, No.1, Cenotaph Road, Teynampet, Chennai – 600 018.
….Applicant
Vs
Mr.D.Murugan, S/o. Devarajan, H No.4, Villivakkam, Thiruvika 2nd Street, Near Bus Stand, Chennai – 600 049.
Also at:
Murugan Satellite Cable System, Cable TV System, Thiruvika 1st Street, Villivakkam, Near Bus Stand, Chennai – 600 049.
….. Defendant
Counsels on record / appeared:
Counsel for Applicant : M/S. M. Ajmal Azzath.
ORDER
together with future interest and costs.
2
TA No. 1147 of 2023 30.10.2023
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt on this the 30th day of October, 2023)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
ICICI BANK LIMITED
Mr. D. Murugan
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
