Indian Bank v. Selvaraj M
Case brief
What is this about?
The Debt Recovery Tribunal disposed of an appeal by treating the underlying recovery claim as settled out of court after the respondent made a payment towards settlement under the One Time Settlement scheme.
What did the court decide?
OA claim treated as settled out of Court; Registry directed to return original documents to applicant bank.
What the court decided
1
T.A. 09 of 2023 09.02.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 9th day of February, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No. 09 of 2023
(Originally filed before DRT II Chennai as OA No.573 of 2019 and thereafter transferred to this Tribunal and renumbered as TA No.09 of 2023)
Indian Bank Rep. by its Chief Manager, Madipakkam Branch, Bama Complex, Plot No.3, Madipakkam Main Road, Madipakkam, Chennai – 600 091. ….Applicant
Vs.
Mr.M.Selvaraj S/o.G.Mariappan No.2/164, 11th Street, Raghava Nagar, Moovarasampattu, Madipakkam, Chennai – 600 091. ….Respondent
Counsels on record / appeared:
Parties & counsel
- applicant
Indian Bank Rep. by its Chief Manager, Madipakkam Branch
- respondent
Mr. M. Selvaraj S/o. G. Mariappan
Coram
Ganapathi K.R.K
Case details
As recorded by the court registry
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