Bank of India v. Aanda Raman
Case brief
What is this about?
In an ex-parte hearing, the DRT allowed the bank's original application under RDB Act for recovery of home and personal loan dues of approx Rs. 42.77 lakhs, directing the sale of mortgaged property and issuance of a recovery certificate.
What did the court decide?
Recovery of Rs.42,76,925.43 plus interest and costs; liberty to sell mortgaged and personal assets for recovery; issuance of Recovery Certificate.
What the court decided
O.A. No. 193 of 2022
15.07.2025
1
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 15th day of July, 2025
Present: SMT. S.V. GOWRAMMA Presiding Officer
ORIGINAL APPLICATION No. 193 of 2022
BANK OF INDIA, Tiruvallur Branch, Represented by its Senior Manager, No. 169-A, J.N. Road, Opp. To LIC, Thiruvallur – 602 001. ….Applicant
-Vs-
Mr. M. Ananda Raman, S/o. Mr. Manoharan, No. 36/22, Ammai Appan Lane, Royapettah, Chennai – 600 014. ….Defendant
Counsels on record / appeared:
Counsel for Applicant : M/s. B. Siva Kolappan
Issues for consideration
1 issue framed by the court
Whether the applicant bank is entitled to final order for recovery of dues against the non-appearing defendant.
Parties & counsel
- applicant
Bank of India, Tiruvallur Branch
- respondent
Mr. M. Ananda Raman
Coram
S.V. Gowramma
Case details
As recorded by the court registry
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