SARFAESI application challenging a Possession Notice was disposed of as infructuous because the borrower settled the loan account. The Notice was set aside, and possession was restored.
Possession Notice dated 20.09.2022 set aside; possession restored to mortgagor; all other IAs closed.
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.
SA 441 of 2022
12.02.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 12th day of February, 2024
Present: Shri Ganapathi K.R.K.
Presiding Officer
SARFAESI APPLICATION No.441 of 2022
Sh. D.Balakrishnan, S/o. Mr.Duraisamy, Door No.437, Karanai Village, Redhills Road, Karanai Koduvalli, Chennai-600 052. ….Applicant Vs.
The Authorized Officer, HDB Financial Services Ltd, Ground Floor, Zenith House, Keshavrao Khadye Marg, Opp. Race Course, Mahalaxmi, Mumbai-400 034. … Respondent
Counsels on record / appeared:
Counsel for Applicant : M/s. L.Thiyagaiya Counsel for Respondent : M/s. M.Ajmal Azzath
ORDER
respondent institution for recovery of a sum of Rs.26,95,056/-.
SA 441 of 2022
12.02.2024
guidelines.
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt on this the 12th day of February, 2024)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
Sh. D.Balakrishnan
The Authorized Officer, HDB Financial Services Ltd
GANAPATHI K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
