Prasanna K v. Hdfc Bank
Case brief
What is this about?
This SARFAESI application challenging a private treaty sale notice issued by HDFC Bank for recovery of dues was dismissed by the Tribunal as the applicant failed to demonstrate any infirmities in the procedure adopted by the respondent bank.
What the court decided
1
SA No.449 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.449 of 2023
- Prasanna.K S/o. Kuzhalvanan, H.No.94, Ramanathan Nagar, Koothapakkam,
Cuddalore-607 002.
- Sowmiyakamaraj W/o. Prasanna. K H.No.94, Ramanathan Nagar, Koothapakkam, Cuddalore-607 002.
….Applicants
- Vs-
The Authorized Officer, HDFC Bank Limited, Retail Portfolio Management Second Floor, ITC Centre 760, Annasalai,Chennai-600 002 …. Respondent
Issues for consideration
1 issue framed by the court
Whether the SARFAESI application challenging the sale notice issued by the bank for recovery of dues is maintainable in light of the absence of infirmities in the procedure.
Parties & counsel
- applicant
Prasanna.K S/o. Kuzhalvanan & Ors.
- respondent
The Authorized Officer, HDFC Bank Limited
Coram
Ganapathi K.R.K
Case details
As recorded by the court registry
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