State Bank of India v. Krishnan
Case brief
What is this about?
Application filed for recovery of debt settled out of court under RBI Samadhan Scheme. Tribunal allowed transfer application disposing it as settled without costs and directed return of original documents.
What did the court decide?
OA disposed of as settled; registry directed to return original documents to applicant bank; other interlocutory applications closed.
What the court decided
1
T.A. No. 874 of 2023
26.03.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 26th day of March, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
TRANSFERRED APPLICATION No. 874 of 2023
(Originally filed before DRT- II, Chennai as OA 577/2019 and thereafter transferred to this Tribunal and renumbered as TA No 874 of 2023)
M/s. State Bank of India, Asset Recovery Management Branch, By its Chief Manager, No.4/1, Balavinayaga Building, Eldams Road, Alwarpet, Chennai-600 018. ….Applicant -Vs-
Mr. C. Krishnan S/o. Chakkaravarthy, 19/30, Vyasar Street, 22, Satya Flats, East Tambaram, Near Govt. Park, Chennai-600 059.
Also at: C. Krishnan S/o. Chakkaravarthy, 15, Vasanthi Nagar, Koothapakkam, Near St. Joseph’s Hr.Sec. School, Cuddalore-607 002. …..Defendant
Parties & counsel
- applicant
M/s. State Bank of India
- respondent
Mr. C. Krishnan
Coram
Ganapathi K.R.K
Case details
As recorded by the court registry
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