Indian Overseas Bank v. M s Mmw
Case brief
What is this about?
The Debt Recovery Tribunal allowed an application for condonation of a 601-day delay in re-presenting a money recovery application, relying on the custodial nature of public funds in financial institutions.
What did the court decide?
Condonation of delay of 601 days in re-presenting the application, subject to payment of costs and compliance.
What the court decided
1
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 06th day of February 2026
Present: SMT. S.V. GOWRAMMA Presiding Officer
M.A. No.258 of 2025 in OA Dy. No.1245/2022
INDIAN OVERSEAS BANK Maraimalai Nagar Branch Rep by its Manager, No.34, Nandhanar Street, Maraimalai Nagar – 603209
...Applicant
-Vs-
- M/S. MMW,
Rep by its Prop Mr. Kulandaivel raja,
No.1A, Shop No 2, Thiruvalluvar Street, Vaishnavi Nagar, Guduvancherry, Chengalpaet-603202
- Mr. Kulandaivel Raja, No.11A, Patel Nagar, Perumatunallur, Guduvancherry, Chengalpet-603202
Issues for consideration
2 issues framed by the court
Whether delay of 601 days in re-presenting a money recovery application should be condoned.
Whether administrative reasons can justify the condonation of delay without being wilful or wanton.
Parties & counsel
- applicant
Indian Overseas Bank
- respondent
M/s. MMW
- respondent
Mr. Kulandaivel Raja
Coram
Case details
As recorded by the court registry
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