Punjab and Sind Bank v. Mohan
Case brief
What is this about?
The Debt Recovery Tribunal allowed the applicant bank's application for recovery of dues totaling Rs.44,62,962/- along with interest on housing loans against two respondents who were set ex-parte for non-appearance.
What did the court decide?
Recovery of Rs.44,62,962/- with interest; liberty to recover by sale of scheduled property; issuance of Recovery Certificate.
What the court decided
T.A. No. 1861 of 2023
09.02.2026
1
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 09th day of February, 2026
Present: SMT. S.V. GOWRAMMA Presiding Officer
TRANSFERRED APPLICATION No. 1861 of 2023
(Originally filed before DRT- II, Chennai as OA 49/2021 and thereafter transferred to this Tribunal and renumbered as TA No 1861 of 2023)
Punjab and Sind Bank, No: 44/1, 1st Main Road, Gandhi Nagar, Adyar Chennai - 600 020.
….Applicant
-Vs-
- Mr. P. Mohan,
Issues for consideration
1 issue framed by the court
Whether the applicant bank estab
Parties & counsel
- applicant
Punjab and Sind Bank
- respondent
Mr. P. Mohan
- respondent
Mr. Panchatacharam
Coram
Case details
As recorded by the court registry
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