The Debt Recovery Tribunal condoned a 242-day delay for the applicant bank to re-present its Original Application for money recovery, relying on the High Court judgment of V.P. Rajula, subject to payment of court fees and filing compliance.
Delay of 242 days in representing the OA was condoned subject to payment of Rs.1,000/- costs and filing compliance.
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1
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 09th day of January, 2026
Present: SMT. S.V. GOWRAMMA Presiding Officer
M.A. No. 404 of 2025 in OA Dy. No.1289/2024
Indian Overseas Bank Muthialpet Branch Rep by its Senior Manager New No.206, Ols No.230, Thambu Chetty Street, Chennai-600 001 ...Applicant
-Vs-
M/s. Niki Impex also now at Plot No.148, VGN Krona Phase 2, Madha Nagar Extension, Gergumbakkam, Chennai-600 122
M/s. Niki Impex and factory at S.F. No.117/5 & 117/6, P.A. Kothanur Road, Aathiyur Village-621 108 Veppur Post, Cuddalore District
Mrs. M. Hemavathy and also at Plot No.148, VGN Krona Phase 2, Madha Nagar Extension, Gergumbakkam, Chennai-600 122
2
Counsels on record / appeared:
Counsel for Applicant : M/s. Annal P
ORDER IN MA No. 404/2025
but only due to aforesaid reasons. Therefore, the applicant bank prayed for condonation of delay of 242 days in representing the OA.
3
Perused the Affidavit filed on behalf of the Applicant bank and
the records of the case.
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.
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 09th day of January, 2026)
2 issues framed by the court
Whether condonation of delay of 242 days is warranted for re-presenting the Original Application for recovery.
Whether the reason for delay, being the misplacement of OA Book, warrants condonation.
Colour shows how this judgement treated each authority
V.P. Rajula -Vs.- K.J. Sakadeva RajaRelied on¶25
V.P. Rajula -Vs.- K.J. Sakadeva Raja reported in LAWS (MAD)-2020-8-441
Indian Overseas Bank
M/s. Niki Impex
Mrs. M. Hemavathy
Mr. P. velmurugan
S.V. GOWRAMMA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
