A Vincent v. Canara Bank
Case brief
What is this about?
Debts Recovery Tribunal-I disposed of SARFAESI Application challenging a possession notice. The Tribunal ordered restoration of possession to the mortgagor due to mutual settlement of the account.
What did the court decide?
Possession restored to the mortgagor; SA disposed without costs.
What the court decided
1
SA No.475 of 2022
27.03.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 27th day of March, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No.475 of 2022
Mr. A. Vincent, Proprietor M/s. Annai Engineering Services, No.104, Mambakkam, Thiruvani Koil Post, Chengalpet -603 106. ….Applicant
-Vs -
The Authorized Officer, Canara Bank, Singaperumal Koil Branch, Door No.5, S.O.33, Grand Southern Trunk Road, Chengalpattu Taluk, Kancheepuram District-603 204.. … Respondent
Counsels on record / appeared:
Counsel for Applicant : M/s. B. Thilak Narayanan Counsel for Respondent : M/s. R. Jagadeesan
Parties & counsel
- applicant
M/s. Annai Engineering Services
- respondent
The Authorized Officer, Canara Bank
Coram
Ganapathi K.R.K
Case details
As recorded by the court registry
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