Mr Velmurugan R v. Hdfc Bank
Case brief
What is this about?
DRT-III, Chennai allowed the withdrawal of SARFAESI Application No. 75 of 2023 after the bank regularized the applicant's account and waived 50% of the additional interest, rendering the challenge infructuous.
What did the court decide?
Application dismissed as withdrawn without costs; interim orders vacated; other pending IAs closed.
What the court decided
1
SA No. 75 of 2023
19.01.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 19th day of January, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No. 75 of 2023
Mr. Velmurugan R, S/o. Mr.Raja, No.55, Palayakkara Street, Ayanavaram, Chennai – 600 023. ….Applicant Vs.
The Authorised Officer, HDFC Bank Limited, Second Floor, ITC Centre, 760, Anna Salai, Chennai – 600 002. ….Respondent
Counsels on record / appeared:
Counsel for Applicant : M/s. V.Manisekaran Counsel for Respondent : M/s. K.J.Parthasarathy
ORDER
Parties & counsel
- applicant
Velmurugan R
- respondent
The Authorised Officer, HDFC Bank Limited
Coram
Ganapathi K.R.K
Case details
As recorded by the court registry
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