Applicant bank sought recovery of dues via OA. During pendency, defendants settled claim by remitting Rs. 6 Crores. Tribunal disposed of OA as settled out of court without costs.
OA treated 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. 409 of 2023 30.11.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 30th day of November, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No.409 of 2023
(Originally filed before DRT- II, Chennai as OA No. 11 of 2022 and thereafter transferred to this Tribunal and renumbered as TA No.409 of 2023)
Indian Overseas Bank, ARM Branch, Central Office, Annexe Building, Third Floor, No.763, Anna Salai, Chennai – 600 002. ….Applicant
-Vs-
Chennai – 600 018.
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TA No. 409 of 2023 30.11.2023
Counsels on record / appeared:
Counsel for Applicant : M/s. M.L. Ganesh
ORDER
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TA No. 409 of 2023 30.11.2023
as settled out of Court, however without costs. All other interlocutory applications, if any
pending shall stand closed.
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt on this the 30th day of November, 2023)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
Indian Overseas Bank, ARM Branch
M/s. True Value Homes (I) Pvt. Ltd.
Mr. N. Ravichandran
Mrs. Kalaiarasi
Mr.T.Selvamani
Mr. K. Manivannan
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
