Debts Recovery Tribunal disposed of an OA filed by a bank for loan recovery after recording a memo accepted by the applicant that the defendants settled the debt out of court via one-time settlement. The application was treated as settled without costs.
The OA is treated as settled out of court; costs are waived; applicant to refund court fee.
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. 247 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. 247 of 2023
(Originally filed before DRT- II, Chennai as OA No.15 of 2021 and thereafter transferred to this Tribunal and renumbered as TA No.247 of 2023)
Canara Bank, (Erstwhile Syndicate Bank), Royapettah Branch, Represented by its Chief Manager, Kodambakkam Branch, No.120, Arcot Road, Kodambakkam, Chennai – 600 024.
Vs
S/o. K. Appavu,
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TA No. 247 of 2023 30.10.2023
Chennai – 600 096.
Counsels on record / appeared:
Counsel for Applicant : M/s. K.V. Subramanian
ORDER
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TA No. 247 of 2023 30.10.2023
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt, on this the 30th day of October, 2023)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
Canara Bank
Chennai Track Call Taxi (Proprietor Mr. A. Arulvadivel)
Mr. A. Arulvadivel
Mrs. Dharmasali
Mrs. Sarala
Mrs. Shankari
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
