The SARFAESI Application was dismissed as infructuous because the applicants withdrew their challenge to the sale notice due to the bank having already successfully sold the property via a corrigendum.
The SARFAESI Application was dismissed as infructuous and disposed of.
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.571 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.571 of 2023
-Vs -
The Authorized Officer, Union Bank of India Asset Recovery Branch No.9, Elcanso Building, Casa Major Road, Egmore, Chennai -600 008. ….R espondent
C ounsels on record / appeared:
Counsel for Applicant : M/s. G. Sanjeevi Counsel for Respondent : M/s. S. Parthasarthy
ORDER
dated 25.08.2023, issued by respondent bank for recovery of a sum of Rs.1,48,70,425.12p
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SA No.571 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
Mr. S. Ramasamy
Mrs. R. Padma
The Authorized Officer, Union Bank of India
GANAPATHI K R K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
