Hdfc Bank v. Jayanthi
Case brief
What is this about?
In this transferred application concerning an outstanding amount, the Tribunal disposed of the petition on full satisfaction. The bank accepted an Outside the Tribunal Settlement (OTS) payment of Rs. 20,09,000/- and declared the account closed.
What did the court decide?
The outstanding amount petition was disposed of as settled outside the Tribunal after acceptance of Rs. 20,09,000/- payment.
What the court decided
TA No.19 of 2024
22.07.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 22nd day of July, 2024
Present: SHRI A. S. JAYACHANDRA Presiding Officer (In – charge)
TRANSFERRED APPLICATION No. 19 of 2024
M/s. HDFC Bank Ltd.., Represented by its Legal Manager Branch Office at: No.110, Ceebros Building, 4th Floor, Nelson Manickam Road, Aminjikarai, Chennai – 600 029.
.…. Applicant
-Vs-
- M/s. U. Jayanthi, W/o. Mr. Udhaya Kumar D. No: 4/222, Karthrapatti, Pappinayagampatti, Palacode, Dharmapuri – 636 808.
- Mr. N. Udhayakumar S/o. Mr. Nagarajan, D. No: 4/222, Karthrapatti, Pappinayagampatti, Palacode, Dharmapuri – 636 808.
Parties & counsel
- applicant
M/s. HDFC Bank Ltd.
- respondent
M/s. U. Jayanthi
- respondent
Mr. N. Udhayakumar
- respondent
Mr. Suresh. M
Coram
Case details
As recorded by the court registry
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