The tribunal disposed of an Original Application filed by a bank for debt recovery. The order allowed the case to be treated as settled out of court after the respondents remitted a sum via OTS during pendency, without awarding costs.
OA treated as settled out of Court without costs; proceedings 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. 657 of 2023
02.04.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 02nd day of April, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No. 657 of 2023
(Originally filed before DRT- II, Chennai as OA 297/2022 and thereafter transferred to this Tribunal
and renumbered as TA No 657 of 2023)
M/s. Punjab National Bank, Rep by its Chief Manager Circle Sastra Centre, Chennai South, PNB Towers, 46-49, Mezzanine Floor, Royapettah High Road, Royapettah, Chennai-600 014.
….Applicant
-Vs-
Counsel for Applicant : M/s. Suresh Law Associates
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T.A. No. 657 of 2023
02.04.2024
ORDER
pending shall stand closed.
(Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 02nd day of April, 2024)
Sd/-
(GANAPATHI K.R.K) PRESIDING OFFICER
M/s. Punjab National Bank
M/s. R.R. Construction
Mr. R. Ramesh
Mr. M. Duraisamy
N. Kulenji Kalpana
Mr. R. Navanitham
GANAPATHI K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
