Debt Recovery Tribunal disposed of a transferred application filed by a bank for recovery of dues after the defendants settled the claim out of court by remitting a sum. The Tribunal allowed the settlement without costs.
The application was disposed of as settled out of court without costs.
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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T.A. No. 1444 of 2023
20.03.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 20th day of March, 2024
Present: Shri Ganapathi K.R.K.
Presiding Officer
TRANSFERRED APPLICATION No. 1444 of 2023
(Originally filed before DRT- II, Chennai as OA 814/2019 and thereafter transferred to this Tribunal and renumbered as TA No 1444 of 2023)
M/s. Bank of India Royapettah Branch, Rep by is Constituted Attorney New No.130 (Old No.240), Royapettah High Road, Chennai-600 004.
….Applicant
-Vs-
Mr. L. Raghu Raman and Mr. M. S. Vasisth
…..Defendants
Counsels on record / appeared:
Counsel for Applicant : M/s. M.P. Venkateswaran
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T.A. No. 1444 of 2023
20.03.2024
ORDER
pending shall stand closed.
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 20th day of March, 2024)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
M/s. Bank of India Royapettah Branch
M/s. Orange Square
Mr. L. Raghu Raman
Mr. M.S. Vasisth
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
