The DT signed an order allowing an applicant bank's request to treat an outstanding recovery application as settled out of court following a remittance of Rs.18,22,482.24 under an Optional Transfer Scheme, thereby disposing of the case without awarding costs.
OA claim treated as settled out of Court; refund of court fee directed
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.
OA NO. 291 of 2023 27.02.2024
IN THE DEBTS RECOVERY TRIBUNAL – III, CHENNAI
Dated this the 27th day of February, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
ORIGINAL APPLICATION No. 291 of 2023
Tamilnad Mercantile Bank Ltd., No.40A, Vanigar Street, Kancheepuram-631 502 Represented by its Manager Mr. V.N. Thanga Balaji.
....Applicant
-Vs-
Also at: No.136, Kalvai Street, Govindavadi Village Kancheepuram-631 502.
Also at: No.67, Mettu Street, Pallikudathan Kancheepuram-631 502
OA NO. 291 of 2023 27.02.2024
Counsels on record / appeared:
Counsel for Applicant Bank : M/s. E. Kumar
ORDER
(Dictated to Steno, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 27th day of February, 2024)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
Tamilnad Mercantile Bank Ltd.
M/s. Deepam DTP
B. Suresh
Sathiya
B. Usharani
B. Sunil Kumar
Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
