DRT Chennai allowed an application for condonation of delay of 442 days in re-presenting an Original Application (OA) for loan recovery, relying on a Madras High Court judgment that banks are custodians of public money.
Delay of 442 days in re-presenting the OA is condoned subject to payment of Rs. 1,000/- cost and filing a compliance report.
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IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 19th day of December 2025
Present: SMT. S.V. GOWRAMMA Presiding Officer
M.A. No.392 of 2025 in OA Dy. No.4145/2023
Bank of Baroda, Virugambakkam Branch, No.372, First Street, Natesan Nagar, Virugambakkam, Chennai – 600 092, Rep by its Senior Branch, K. Karthick Ganpathy. ...Applicant
-Vs-
Counsel for Applicant : M/s. S. Vaidyanathan
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ORDER IN MA No. 392/2025
Perused the Affidavit filed on behalf of the Applicant bank and
the records of the case.
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441 feels it apt to condone the delay and give opportunity to applicant to prosecute their case.
Sd/-
(S.V. GOWRAMMA) PRESIDING OFFICER, DRT-III, CHENNAI
(Dictated to Steno (Arti), transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 19th day of December, 2025)
1 issue framed by the court
Whether delay in re-presenting an Original Application (OA) filed for recovery of a loan is condonable given the bank's status as a financial institution and custodian of public funds?
Colour shows how this judgement treated each authority
V.P. Rajula -Vs.- K.J. Sakadeva RajaRelied on¶19
V.P. Rajula -Vs.- K.J. Sakadeva Raja reported in LAWS (MAD)-2020-8-441
Bank of Baroda
M/s. Sri Kumaran Agencies
Udaykumar Thanga Pandian
U. Sathish Kumar
S.V. Gowramma
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
