The court disposed of the transfer application filed by Bank of India, which was treated as settled out of court upon remittance of a settlement amount and submission of a OTS memo by the respondents.
The OA claim is treated as settled out of court without costs, and all documents filed by the applicant bank are directed to be returned.
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. 898 of 2023
16.08.2023
IN THE DEBTS RECOVERY TRIBUNAL- III, CHENNAI
Dated this the 16th day of August, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No. 898 of 2023
(Originally filed before DRT- II, Chennai as OA No.169 of 2020 and thereafter transferred to this Tribunal and renumbered as TA No.898 of 2023)
Bank of India
Rep. by its Constituted Attorney Kodambakkam Branch No.25, Second Class Street Trustpuram, Kodambakkam Chennai – 600 024.
….Applicant
Vs
1. M/s CESSPOOL CERAMICS
Partnership firm
Rep. by its Partners i) Mr.B.Vijay Ananth ii) Mrs.B.Vaidehi
Jain Antariksha, A-Block 2A, 2nd Floor, Door No.12 Rathinamal Street Kodambakkam Chennai – 600 024
2. Mr.B.Vijay Ananth
S/o Mr.Baskaran Jain Antariksha, A2B
No.12, Rathinamal Street Kodambakkam
Chennai – 600 024
3. Mrs.B.Vaidehi
W/o Mr.Baskaran Jain Antaiksha, A2B No.12, Rathinamal Street Kodambakkam
Chennai – 600 024
….Defendants
Counsels on record / appeared:
Counsel for Applicant : M/s.S.R.Sudhanraj & S.Saradha.
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TA No. 898 of 2023
16.08.2023
ORDER
4. With the above observations, OA stands disposed.
(Dictated to Steno (DD), transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 16th day of August, 2023)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
Bank of India
M/s CESSPOOL CERAMICS
Mr. B. Vijay Ananth
Mrs. B. Vaidehi
Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
