This auction sale application by a bank was disposed of as settled out of court after the respondent paid a sum towards a settlement scheme, directing return of documents.
OA treated as settled out of Court; original documents to be returned to applicant bank.
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T.A. No. 1621 of 2023
04.06.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 04th day of June, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No. 1621 of 2023
(Originally filed before DRT- II, Chennai as OA 316/2018 and thereafter transferred to this Tribunal and renumbered as TA No 1621 of 2023)
Bank of India Cathedral Road Branch Represented by its Constituted Attorney 7/4, Seshadri Road, (Kasturi Ranga Road). Alwarpet, Chennai – 600 018. ….Applicant
-Vs-
Mr. Abdul Rahim Mohammed Yasir, S/o. Mr. Abdul Rahim Umar, Apt 42, Peebles Court, 21, White Stone way, Croydon London, CRO 4WJ
Also at:
Old No. 16, New No. 29, New Century Colony Ambattur Industrial Estate, Chennai – 600 058. …..Defendant
Counsels on record / appeared:
Counsel for Applicant : M/s. M.P. Venkateswaran
ORDER
together with future interest and costs.
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T.A. No. 1621 of 2023
04.06.2024
remitted a sum of Rs.82,00,000/- on 26.04.2024 towards full and final settlement of the OA claim. Hence, applicant bank prayed that the OA claim may be treated as settled out of Court and also prayed for return of original documents.
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 04th day of June, 2024)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
Bank of India Cathedral Road Branch
Mr. Abdul Rahim Mohammed Yasir
Shri Ganapathi K.R.K.
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
