Allowed
B B Ponnurangam v. Icici Bank Limited
DRTSA/311/2023
Case brief
AI extract
What is this about?
The Delhi Tribunal allowed the applicant's SARFAESI application seeking to set aside a possession notice issued by the respondent bank due to the respondent's failure to appear at multiple hearings, resulting in the notice being quashed and possession restored.
What did the court decide?
Impugned possession notice dated 06.04.2023 set aside; possession restored to mortgagor; Respondent bank directed not to debit SARFAESI expenses to borrowers loan account.