The Debts Recovery Tribunal disposed of SARFAESI Application No. 190 of 2023 filed by borrowers challenging an e-auction sale notice after the respondent bank submitted a memo stating the loan account had been settled and title deeds released.
Application dismissed due to settlement of loan account and release of title deeds. Interim orders vacated.
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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SA No.190 of 2023
23.04.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 23rd day of April, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No.190 of 2023
| Tamilnad Mercantile Bank Ltd., | |
|---|---|
| Rep by its Authorized Officer | |
| No.33 GF, Siva Shanmugam Street, | |
| West Tambaram, Chennai-600 045. | ….Respondent |
C ounsels on record / appeared: Counsel for Applicant : M/s. Shyam Ganesh Counsel for Respondent : M/s. N. Somasundaar
ORDER
by respondent bank scheduling sale to 31.03.2023, for recovery of a sum of Rs.73,73,576.08p.
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SA No.190 of 2023
23.04.2024
guidelines.
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 23rd day of April, 2024)
Sd/(GANAPATHI K.R.K) PRESIDING OFFICER
Mrs. N. Amirthakumari W/o. New Begin Selvakumar Proprietor of M/s. Amrithakumari Agencies
Mr. New Begin Selvakumar
Tamilnad Mercantile Bank Ltd.
Shri Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
