The Single Appellate Benches disposed of an Upper Application and Order Sheet entry as the matter was settled and not pressed. The bank was granted two weeks to return the title deed.
Withdrawal of the SARFAESI Application was allowed. The bank was granted two weeks to return the title deed.
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.
| Case No. SA |
Order Sheet 312 of 2022 MANBHARI BAGS PVT LTD AND ORS -VS- TAMILNAD MERC BANK LIMITED |
ANTIL Office action |
|---|---|---|
| Date of the Order |
Order with Signature | date and da Signature Parties wh necessar |
| 21.5.2026 (Sl. No. 13) |
Mr. Prasenjit Pal. … For the Sarfaesi Applicant. Ms. Sweta Gandhi. (Virtually) … For the Respondent Bank. Both sides are present. It is submitted by learned counsel for sarfaesi applicant that matter has been settled and ‘No Due Certificate’ has been issued by bank. But the Title Deed has not yet been returned. Learned counsel for bank appearing virtually also submits that matter has been settled. IA 1495 of 2026 has been filed along with put up petition IA 1494 of 2026 praying for withdrawal of sarfaesi application. Considering the submissions of both the parties IA 1495 of 2026 is allowed. The put up petition IA 1494 of 2026 is also disposed of. The instant SA 312 of 2022 stands dismissed as not pressed. Learned counsel for defendant submits that two weeks’ time be allowed to return Title Deed. The prayer of the defendant bank is allowed. (ARBIND MADHAV) PRESIDING OFFICER, DRT-2 IN-CHARGE, DRT– 1. |
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ac
Manbhari Bags Pvt Ltd and Ors.
Tamilnad Mercantil Bank Limited
Arbind Madhav
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
