The Debts Recovery Tribunal condoned a 182-day delay in re-presenting an Original Application filed by Axis Bank Ltd for recovery of 21,10,131.50, allowing the bank to prosecute its case after payment of costs.
Condonation of delay of 182 days in re-presenting the Original Application.
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IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 2nd day of January 2026
Present: SMT. S.V. GOWRAMMA Presiding Officer
M.A. No. 400 of 2025 in OA Dy. No.5253/2023
M/s. Axis Bank Ltd,
Vadapalani Branch,
Door No.96, Ground Floor, Veena, 100 Feet, Inner Ring Road, JLN Rd, Vadapalani,
Chennai-600 026
Rep. by its Authorised Signatory ....Applicant
-Vs-
Counsels on record / appeared:
Counsel for Applicant : M/s. Kvp. Deepak Raj
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ORDER IN MA No. 400/2025
Perused the Affidavit filed on behalf of the Applicant bank
and the records of the case.
V.P. Rajula -Vs.- K.J. Sakadeva Raja reported in LAWS (MAD)-
2020-8-441 feels it apt to condone the delay and give opportunity to applicant to prosecute their case.
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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 2nd day of January, 2026)
1 issue framed by the court
Whether an application for recovery of money due from a borrower should be admitted after a delay of 182 days due to minor mistakes and oversight.
Colour shows how this judgement treated each authority
V.P. Rajula -Vs.- K.J. Sakadeva RajaApplied¶24
V.P. Rajula -Vs.- K.J. Sakadeva Raja reported in LAWS (MAD)- 2020-8-441
M/s. Axis Bank Ltd
M/s. PIO PAX Private Limited
Nilam J Patel
Radhaben J Patel
SMT. S.V. GOWRAMMA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
