R Ayyasami a Suresh v. Ayyasami
Case brief
What is this about?
The Debt Recovery Tribunal disposed of the SARFAESI application as settled out of court. The loan account was settled by the applicants, resulting in the setting aside of the possession notice and restoration of possession to the mortgagors.
What did the court decide?
SA disposed as settled out of court; Possession Notice set aside; Possession restored to mortgagors; All other IAs closed.