Debts Recovery Tribunal dismissed an application for recovery as the bank and defendants reached a one-time settlement during pendency, resulting in partial payment and dismissal without costs.
OA treated as settled out of court without costs; pending interlocutory applications closed.
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.
1
TA No. 968 of 2023 13.10.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 13th day of October, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No.968 of 2023
(Originally filed before DRT- II, Chennai as OA No.319 of 2020 and thereafter transferred to this Tribunal and renumbered as TA No.968 of 2023)
Indian Bank,
Rep. by its Assistant Chief Manager, Asset Recovery Management Branch, Apex Chamber, No. 20, Sir Thyagaraya Road, T. Nagar, Chennai – 600 017. ….Applicant
-Vs-
No.258,Kuttiyapillai Thottam, Veerapandi, Salem.
Also at:
No. 1-A, Mangala Nagar Extension, Porur, Chennai – 600 116.
Farm Address: Survey No. 640/3, Nagalapuram Village, Trichy District.
Also at:
11C, Santhaipettai Street, Uthamapalayam Taluk, Podinayakkanur Town.
2
TA No. 968 of 2023 13.10.2023
Also at:
No. 18, Jothi Nagar 1st Street, Ekkatuthangal, Chennai – 600 097.
Farm Address: Survey No. 640/5A, Nagalapuram Village, Thuraiyur Taluk, Trichy District. ….. Defendants
Counsels on record / appeared:
Counsel for Applicant : M/s. RRK Associates Advocates
ORDER
3
TA No. 968 of 2023 13.10.2023
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 pronounced by me in Open Court, on this the 13th day of October, 2023)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
Indian Bank
Mrs. M. Gayathiri
Dr. Lakshmi Anandan
Mr. R. Ram Mohan
Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
