Bank of Baroda v. S.Anjalatchi
Case brief
What is this about?
In a dental removal application under Section 19 of the RDB Act, the Tribunal allowed the Bank of Baroda's claim for recovery of loans, noting defendants were in absentia due to the case involving fraud and spurious gold.
What did the court decide?
Recovery of Rs. 36,45,718/- with interest at 15.25% per annum and costs; sale of schedule properties; issuance of Recovery Certificate.
What the court decided
BEFORE THE DEBTS RECOVERY TRIBUNAL –II AT CHENNAI
Dated this the 8th day of February, 2024
PRESENT: SHRI T. RAJESH
PRESIDING OFFICER
TA No.163 of 2023
(Originally filed before DRT-I, Chennai as OA No.41 of 2020 and thereafter transferred to this Tribunal and renumbered as TA No.163 of 2023)
Bank of Baroda Anguchettipalayam Branch No.116/3, Salem Main Road Anguchettipalayam Cuddalore District
…Applicant
Versus
- S.Anjalatchi, W/o. Sarangapani, Mariyamman Koil Street Nellikuppam Post, Panruti Taluk, Cuddalore District-607106
- R. Karpagam, W/o. Rajendran 26, Amman Koil Street Sankaranpettai, Villaiyanunur Pondicherry-605111
Issues for consideration
2 issues framed by the court
Whether the applicant succeeded in proving the original application claim?
What orders are to be passed for the recovery of debt?
Parties & counsel
- applicant
Bank of Baroda Anguchettipalayam Branch
- respondent
S.Anjalatchi
- respondent
R. Karpagam
- respondent
G. Ammasi Sivakumar
- respondent
T. Nandhu Prasath
- respondent
Case details
As recorded by the court registry
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