Canara Bank v. M/S Chandrasen
Case brief
What is this about?
The Debts Recovery Tribunal disposed of an offer for one-time settlement by the respondents, accepting the deposited amount as full and final settlement without costs.
What did the court decide?
OA disposed as settled out of Court; Court fee refund directed to applicant bank.
What the court decided
1
TA No. 1897 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.1897 of 2023
(Originally filed before DRT- II, Chennai as OA No.217 of 2021 and thereafter transferred to this Tribunal and renumbered as TA No.1897 of 2023)
Canara Bank, Rep. by its Senior Manager, Park Town Branch, # 22, Shydenhams Road, Periyamet, Chennai – 600 003. ….Applicant
Vs
- M/S. Chandrasen & Co.,
79, Acharappan Street,
- Chennai – 600 001.
Parties & counsel
- applicant
Canara Bank
- respondent
M/S. Chandrasen & Co.
- respondent
S. Chandrasen
- respondent
C. Poonkuntran
Coram
Case details
As recorded by the court registry
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