Sathish Kumar v. Indian Bank
Case brief
What is this about?
The Debt Recovery Tribunal dismissed a Sale Set Aside application as infructuous due to lack of auction proceedings, set aside the sale notice dated 14.10.2023, and directed the bank not to debit expenses.
What did the court decide?
Sale notice dated 14.10.2023 set aside; directive not to debit expenses; interim order vacated.
What the court decided
1
SA No. 560 of 2023
25.03.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 25th day of March, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No. 560 of 2023
- Mr.P. Sathish Kumar, S/o Parutheeshwaran,
- Mrs.S. Devikamakshi, W/o P. Sathish Kumar,
Both residing at: Plat No. 18, Door No.3,II Street, Secretaraiat Colony, Lakshmipuram,Kolathur, Chennai – 600 099. …Applicant
-Vs-
The Authorised Officer, Indian Bank, Jawahar Nagar Branch, No. 46A, 1st Main Road, Jawahar Nagar, Chennai – 600 082. …Defendant
Parties & counsel
- applicant
Mr. P. Sathish Kumar
- applicant
Mrs. S. Devikamakshi
- respondent
The Authorised Officer, Indian Bank
Coram
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court