Application admitted partially settlement collateral defense settlement partial recovery future interest costs costs closed.
OA treated as settled out of Court without costs; pending interlocutory applications closed.
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. 1765 of 2023
27.03.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 27th day of March, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No. 1765 of 2023
(Originally filed before DRT- II, Chennai as OA 22/2020 and thereafter transferred to this Tribunal and renumbered as TA No 1765 of 2023)
M/s. ICICI Bank Limited, Rep by its Authorized Signatory, No.1, Cenotaph Road, Teynampet, Chennai-600 018.
….Applicant
-Vs-
Chintadripet,Chennai-600 002.
Counsels on record / appeared:
Counsel for Applicant : M/s. M. Ajamal Azzath
ORDER
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T.A. No. 1765 of 2023
27.03.2024
Rs.17,95,000/- 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.
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 27th day of March, 2024)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
M/s. ICICI Bank Limited
M/s. Sagar Tele Services
Naresh Kumar Jain
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
