Yes Bank v. Subramanian
Case brief
What is this about?
The Tribunal disposed of the applicant bank's Original Application for recovery of dues by allowing its prayer to treat the matter as settled out of court after the respondent remitted a settlement amount.
What did the court decide?
The Original Application for recovery treated as settled out of court; all other pending applications closed. No costs awarded.
What the court decided
1
T.A. No. 498 of 2023
21.08.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 21st day of August, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No. 498 of 2023
(Originally filed before DRT- II, Chennai as OA No.215 of 2022 and thereafter transferred to this Tribunal and renumbered as TA No.498 of 2023)
Yes Bank Limited No.3, Dass India Tower, 2nd Line Beach Road, Parrys, Chennai – 600 001. Represented by its Authorized signatory ….Applicant
-Vs-
Mr. E. Subramanian, S/o. Ekambaram No. 558, Flat No.1, Ground Floor, C Sector, 9th Street, Anna Nagar Extension, Anna Nagar West Extn, Backside Karnataka Bank, Chennai – 600 101.
Parties & counsel
- applicant
Yes Bank Limited
- respondent
Mr. E. Subramanian
Coram
Ganapathi K.R.K
Case details
As recorded by the court registry
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