SARFAESI application challenging a possession notice was dismissed as the applicant conceded no procedural infirmities existed and the bank followed the Act. No costs awarded.
SARFAESI application dismissed without costs; interim orders vacated.
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.
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SA No.564 of 2023
25.04.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 25th day of April, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No.564 of 2023
Mr. I. Robinson Britto, S/o. P. Issac, Villa No.15, Jones Sigiriya Vilas No.190, West Anna Nagar, Pallikaranai, Chennai- 600 100.
….Applicant
-Vs-
The Authorized Officer, Indusind Bank Limited FRR Group Indusind Bank, No.25, Steepla Read, A Block, 3rd Floor, Cathedral Road, Gopalapuram, Chennai- 600 086. ….Respondent
Counsels on record / appeared:
Counsel for Applicant : M/s. J. Prince Counsel for Respondent : M/s. Ramalingam & Associates
ORDER
respondent bank for recovery of a sum of Rs.2,09,60,253.70p
procedure adopted by the respondent bank while issuing the subject impugned possession notice and prayed for passing necessary orders.
2
SA No.564 of 2023
25.04.2024
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 25th day of April, 2024)
Sd/(GANAPATHI K.R.K) PRESIDING OFFICER
I. Robinson Britto
The Authorized Officer, Indusind Bank Limited
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
