Bank of India v. Arumugam
Case brief
What is this about?
The Tribunal disposed of an original claim for recovery by the applicant bank, which had been admitted by the defendants via a settlement memo and partial payment. The application was allowed as settled out of court without costs.
What did the court decide?
OA disposed of as settled out of court without costs; documents Ex A-1 to Ex A-13 returned.
What the court decided
1
TA No. 1236 of 2023 08.11.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 08th day of November, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No.1236 of 2023
(Originally filed before DRT- II, Chennai as OA No. 785 of 2019 and thereafter transferred to this Tribunal and renumbered as TA No.1236 of 2023)
M/s. Bank of India, (Cathedral Road Branch), 7/4, Seshadri Road, Alwarpet, Chennai – 600 018.
….Applicant
Vs
- Mr. M. Arumugam, S/o. Mr. K. Mani Chettiyar, New No. 2, Old No. 63, Ponniamman Kovil Street, Alandur, Chennai – 600 016.
- Mr. M. Muthukrishnan, S/o. Mr. K. Mani Chettiyar, New No. 2, Old No. 63, Ponniamman Kovil Street, Alandur, Chennai – 600 016.
Parties & counsel
- applicant
M/s. Bank of India
- respondent
Mr. M. Arumugam
- respondent
Mr. M. Muthukrishnan
- respondent
Mrs. M. Santha
Coram
Case details
As recorded by the court registry
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