Application challenging sale notice in SARFAESI proceedings dismissed as the applicant settled the matter out of court by remitting Rs. 21 lakhs via a memo.
SA disposed as settled out of court without costs; interim orders vacated; pending IAs closed.
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SA No.465 of 2023
08.04.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 8th day of April, 2024
Present: Shri Ganapathi K.R.K.
Presiding Officer
SARFAESI APPLICATION No.465 of 2023
-Vs -
The Authorized Officer, Can Fin Homes Ltd., Plot No.28, Ground Floor, Lawyer Krishnasamy Street, Vedachalam Nagar Chengalpettu-603 001. …..Respondent
Counsels on record / appeared:
Counsel for Applicant : M/s. D. Durairaj Counsel for Respondent : M/s. R. Gopinath
ORDER
respondent institution scheduling sale to 12.09.2023, for recovery of a sum of Rs.16,39,799/-
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SA No.465 of 2023
08.04.2024
a sum of Rs.21 lakhs towards full and final settlement. Hence applicant prayed for recording the memo and pass necessary orders.
disposed as settled out of court however without costs. Interim order, if any, granted and subsisting till this day stands vacated and all other IAs, if any, pending stand closed.
guidelines.
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 08th day of April, 2024)
Sd/(GANAPATHI K.R.K) PRESIDING OFFICER
Mrs. Porselvi. S W/o. Late Mr. Sakthivel. S
Mrs. Karpagam. S W/o. Seeyalan, M/o. Late Sakthivel K
The Authorized Officer, Can Fin Homes Ltd.
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
