The DRT allowed the applicant bank's transferred application, disposing of the debt recovery matter as settled out of court after the defendants remitted funds for a settlement, without costs.
The objection/case number (TA/OA) is disposed of as settled out of court without costs.
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. 718 of 2023
01.02.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 01st day of February, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No. 718 of 2023
(Originally filed before DRT- II, Chennai as OA134/2022 and thereafter transferred to this Tribunal and renumbered as TA No 718 of 2023)
State Bank Of India, Asset Recovery Management, No.44, Eldams Road, Teynampet, Chennai-600 018. Rep by its Manager. ….Applicant
-Vs-
Rep. by its Partners V.Selvi & K.Susila,
Regd. Off. 276/121, Near Muthukrishna Makkal Mandram, Thuraiyur Road, Perambalur-621 212.
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T.A. No. 718 of 2023
01.02.2024
Counsels on record / appeared:
Counsel for Applicant : M/s.Suresh Law Associates
ORDER
pending shall stand closed.
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt, on this the 1st day of February, 2024)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
State Bank Of India
M/s. S.S.Motors
Mrs. V.Selvi
Mrs. K.Suseela
Mr. C.Kaliyan
Mr.K.Vijayakumar
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
