The Debt Recovery Tribunal disposed of an Original Application filed for recovery by the applicant bank on the basis of an applicant-initiated settlement. The court allowed the application to be treated as settled out-of-court.
The Original Application is disposed of as settled out of Court, without costs. All other pending interlocutory applications are closed.
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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TA No. 128 of 2023 10.11.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 10th day of November, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No.128 of 2023
(Originally filed before DRT- II, Chennai as OA No. 711 of 2019 and thereafter transferred to this Tribunal and renumbered as TA No.128 of 2023)
Punjab National Bank, Mylapore Branch, No.150, Luz Church Road, Mylapore, Chennai – 600 004.
Presently Migrated to ARM Branch, PNB Towers, Royapettah High Road, Chennai – 600 014.
….Applicant
Vs
Rep. by its Partners, No. 147, Villianur Main Road,
Reddiyarpalayam, Near Kamban Nagar Bus Stop, Pudhucherry – 605 010.
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TA No. 128 of 2023 10.11.2023
Counsels on record / appeared:
Counsel for Applicant : M/s. M.L. Ganesh Counsel for Defendants : M/s. RKM Suresh
ORDER
pending shall stand closed.
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt, on this the 10th day of November, 2023)
Sd/-
(GANAPATHI K.R.K) PRESIDING OFFICER
Punjab National Bank
Hotel Ayushman and Others
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
