The tribunal held the sale notice cited in the application was infructuous as no sale took place. Disposing of the application as such and advising the applicant to challenge any fresh sale notice.
The application was disposed of as becoming infructuous; no sale took place pursuant to the challenged notice.
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.
IN THE DEBTS RECOVERY TRIBUNAL – I AT CHENNAI
Dated this 27th Day of October, 2025
PRESENT: SHRI A.S.JAYACHANDRA
Presiding Officer
S.A. No.20 of 2025
| 2. | Mr.V.Kesavan, S/o Mr.Varadharaj, 4/281, Kattanaseval, Thayilpatti Post, Sivakasi – 626128. |
|---|---|
| 3. | Mrs.V.Renganayaki, W/o Mr.A.Varadharaj, No.4/70, Thayilpatti Post, Sivakasi – 626128. . . . Applicants |
| Versus | |
| 1. | The Authoriser Officer, City Union Bank Ltd., Credit Recovery & Management Department, Administrative Office, No.24-B, Gandhi Nagar, Kumbakonam – 612001. |
| 2. | City Union Bank Ltd., Rep. by its Branch Manager, Sivakasi Branch, No.113, Chairman N.P.S.N., Arumuga Nadar Road, Sivakasi – 626123. . . . Defendants |
| : -PROCEEDINGSDATED27.10.2025- : |
Applicant by Shri Imayavaramban, Adv, a/w Rohit Tony, Adv.
Defendant by Shri Vinodh, Adv. Caveator Bank.
1
Sd/- (A.S.JAYACHANDRA)
PRESIDING OFFICER DRT-I, CHENNAI
(Dictated to Stenographer who typed in the system, corrected, signed and pronounced in open court on this 27th Day of October, 2025)
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1 issue framed by the court
Whether the sale notice is infructuous as no sale was concluded pursuant to it.
V. Alagarsamy and others
The Authoriser Officer, City Union Bank Ltd.
City Union Bank Ltd.
A.S. Jayachandra
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
