In a settlement of a SARFAESI application, the Debts Recovery Tribunal disposed of the matter as settled between the parties upon receipt of a confirmation memo from the respondent institution.
The SARFAESI application stood disposed off as settled between the parties. Interim stays, if any, were vacated and all pending applications were disposed off.
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.
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SA No.887 of 2024
25.02.2025
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 25th day of February, 2025
Present: SMT. S.V. GOWRAMMA Presiding Officer
SARFAESI APPLICATION No.887 of 2024
Chennai – 600 071.
M/s. SMFG India Credit Company Limited, (Formerly Fullerton India Credit Company Ltd.,) 1st , 2nd & 3rd Floor, Megha Towers, Old No. 307, New No. 165, Poonamalle High Road, Maduravoyal, Chennai – 600 095. Rep by its Authorized Officer ….Respondent
Counsels on record / appeared:
Counsel for Applicant : Ld. Counsel Mr. S. Rabi Jayakumar Counsel for Respondent : Ld. Counsel Mr. V. Balasubramani
ORDER
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SA No.887 of 2024
25.02.2025
proceeding sheet.
Dictated to Stenographer (MS), transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 25th day of February, 2025)
Sd/-
S.V. GOWRAMMA PRESIDING OFFICER-DRT III
M. Mohana and Madhana Gopal
M/s. SMFG India Credit Company Limited
S.V. Gowramma
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
