The applicant bank filed a transferred application for recovery of a debt. During pendency, the defendants settled the claim via an Out of Court Settlement (OTS) memo, remitting the settlement amount. The Tribunal accepted the settlement memo and disposed of the application as settled without costs.
The application was disposed of as settled out of Court without 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.
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TA No.1945 of 2023 13.10.2023
IN THE DEBTS RECOVERY TRIBUNAL – III, CHENNAI
Dated this the 13th day of October, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No. 1945 of 2023
M/s. ICICI Bank Limited, Rep. by its Regional Debt Manager, Mr. N.B. Dhanasekaran, No. 1, Cenotaph Road, Teynampet, Chennai – 600 014.
.....Applicant
-Vs-
Also at:
Mrs. M.Kavitha, Proprietor, Venu Transport, No. 3/2, Nallanna Lane, Royapettah, Chennai – 600 014.
Also at: Mr.P.Muralikrishnan, Proprietor, J.R. Transport, No. 84/15, Gandhi Street, 2nd Link Road, Vivekananda Nagar, Kodungaiyur, Chennai – 600 018. ....Defendants
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TA No.1945 of 2023 13.10.2023
Counsels on record / appeared:
Counsel for Applicant : Mr.S.Parthasarathy. Counsel for Defendants : M/s.E.Maharajan.
O R D E R
pending shall stand closed.
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt on this the 13th day of October, 2023)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
M/s. ICICI Bank Limited
Mrs.M.Kavitha
Mr.P.Muralikrishnan
Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
