DrT ordered a SARFAESI application to be disposed of as settled out of court after the applicant reported full repayment and receipt of a No dues certificate, with restoration of possession to the mortgagor.
SA No. 410/2023 disposed as settled out of court without costs; interim orders vacated; pending IAs closed; possession restored to mortgagor.
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.410 of 2023
01.04.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 01st day of April, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No.410 of 2023
Mr. K. Neelakandan, S/o. Kumarar, No.7/5, 6th Cross Street, Balaji Nagar, Ekkathuthangal, Chennai-600 032. ….Applicant
The Authorized Signatory, PNB Housing Finance Ltd., No.14, Sudarshan Building, 3rd Floor, Whites Road, Royapettah, Chennai-600 014. …. Respondent
C ounsels on record / appeared:
Counsel for Applicant : M/s. T. Balaji Counsel for Respondent : M/s. T. Sai Krishnan
ORDER
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SA No.410 of 2023
01.04.2024
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 01st day of April, 2024)
Sd/(GANAPATHI K.R.K) PRESIDING OFFICER
K. Neelakandan
The Authorized Signatory, PNB Housing Finance Ltd.
Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
