Punjab and Sind Bank v. Masila
Case brief
What is this about?
The Tribunal disposed of the applicant's transfer application under Order VII Rule 11 CPC as settled outside the Tribunal, directing the return of original documents and filing of Form 11.
What did the court decide?
The transfer application (originally OA No. 78 of 2022) was disposed of as settled outside the Tribunal, and parties were directed to return original documents and file Form 11.
What the court decided
TA No.199 of 2023
24.09.2024
1
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 24th day of September, 2024
Present: SHRI A. S. JAYACHANDRA Presiding Officer (In – charge)
TRANSFERRED APPLICATION No. 199 of 2023
(Originally filed before DRT- II, Chennai as OA 78/2022 and thereafter transferred to this Tribunal and renumbered as TA No 199 of 2023)
M/s. Punjab & Sind Bank, Asset Recovery Management Branch, I Floor, Dewa Towers, 770-A, Anna Salai, Chennai – 600 002
.…. Applicant
-Vs-
Ms. D. Masila, W/o. M. Dhana Surya No. 41 – A, 4th Main Road, CRR Puram, L &T Colony, Manapakkam, Chennai – 600 089.
Issues for consideration
1 issue framed by the court
Whether a transfer application filed for recovery of debt should be disposed of when the dispute is reported as settled outside the Tribunal.
Parties & counsel
- applicant
M/s. Punjab & Sind Bank
Coram
A.S. Jayachandra
Case details
As recorded by the court registry
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