The Tribunal allowed the condonation of a 126-day delay in re-presenting a debt recovery application by HDFC Bank, citing custodial responsibility over public funds as the basis for condoning the delay subject to costs.
Condonation of delay of 126 days in re-presenting the OA, subject to payment of Rs. 1,000/- cost and filing compliance report.
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.
1
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 07th day of November 2025
Present: SMT. S.V. GOWRAMMA Presiding Officer
M.A. No.310 of 2025 in OA Dy. No.3139/2023
M/s. HDFC Bank Limited Rep. by its Legal Manager And Authorized Signatory Ms. Mohana Balaji No.110, “CEEBROS” Building, Nelson Manickam Road,
Aminjikarai, Chennai – 600 029 ...Applicant
-Vs-
Rep. by its Partner Prasanna D Plot No.14, S.No.62/2B, 2C, 2D, Cauvery Nagar, Noombal, Near Sindhu College, Velappanchavadi,
Chennai – 600 077
Chennai – 600 063 ….Defendants
Counsels on record / appeared:
Counsel for Applicant : M/s. Acuity Law Associates
ORDER IN MA No. 310/2025
2
Perused the Affidavit filed on behalf of the Applicant bank
and the records of the case.
of Hon’ble High Court of Madras (At Madurai) in the judgment of V.P. Rajula -Vs.- K.J. Sakadeva Raja reported in LAWS (MAD)2020-8-441 feels it apt to condone the delay and give opportunity to applicant to prosecute their case.
3
to comply with the conditional order above, MA stand dismissed automatically without there being any need to pass separate order.
Sd/-
(S.V. GOWRAMMA) PRESIDING OFFICER, DRT-III, CHENNAI
(Dictated to Steno (Deepika), transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 07th day of November, 2025)
1 issue framed by the court
Whether the delay of 126 days in re-presenting the Outstanding Asset (OA) application for condonation should be allowed.
Colour shows how this judgement treated each authority
V.P. Rajula -Vs.- K.J. Sakadeva RajaRelied on¶4
V.P. Rajula -Vs.- K.J. Sakadeva Raja reported in LAWS (MAD)2020-8-441
HDFC Bank Limited
Equipments Spares and Services
Prasanna D
S.V. GOWRAMMA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
