Debts Recovery Tribunals and Appellate Tribunals
CITY UNION BANK LIMITED vs PURASAWAKAM SANTHATHA SANGA NIDHI LIMITED on 17 July 2026
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 17th day of July 2026
Present: SMT. S.V. GOWRAMMA
Presiding Officer
M.A. No.165 of 2026 in OA Dy.No.1992/2024
M/s City Union Bank Ltd.,
Purasawalkam Branch
Represented by its Branch Manager,
Old No. 42, New No. 107, Dr. Alagappa road, Purusaiwalkam, Chennai- 600 084
...Applicant
-Vs-
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1. Purasawakam Santhatha Sanga Nidhi Ltd.,
Represented by its Directors,
a) Mr. P.P. Subramaniam,
b) Mr. J. Mohan
c) Mr. Venkatraman, No.49, (Old 47), Vellala Street,
Purusaiwalkam, Chennai- 600084
2. Mr. P.P. Subramaniam
S/o Mr. P.M. Palani,
Director of M/s Purasawakam Santhatha Sanga Nidhi Ltd 25/13, Cresent avenue, Kesava Perumal Puram, Greenways road, Chennai- 600028
3. Mr. J. Mohan, S/o Mr. Janakiram,
Director of M/s Purasawakam Santhatha Sanga Nidhi Ltd No.49, (Old 47), Vellala street, Purusaiwalkam, Chennai- 600084
4. Mr. Venkatraman, S/o Mr. Sundaresan,
Director of M/s Purasawakam Santhatha Sanga Nidhi Ltd No.49, (Old 47), Vellala street, Purusaiwalkam, Chennai- 600084
…Defendants
Counsels on record / appeared:
Counsel for Applicant : M/s. Ananda Gomathy
ORDER IN MA No.165/2026
1. MA No.165 of 2026 is taken up. This is an application filed by applicant bank for condonation of delay of 285 days in re-presenting the OA.
2. Perused the Affidavit filed on behalf of the Applicant bank.
3. It is submitted by applicant bank that the present OA was filed for recovery of sum of Rs.2,39,33,633.51p (Rupees Two Crores Thirty Nine Lakhs Thirty Three Thousand Six Hundred and Thirty Three and Fifty One Paise only) together with interest and costs. It is submitted that the OA file was returned by the Registry for compliance on 17.01.2025. However as the Manager was not medical leave and not available, there was delay in getting some documents from the bank. Hence OA could not be re- presented within the time granted by this Tribunal, which is neither wilful nor wanton, but only due to aforesaid reasons. Therefore, the applicant bank prayed for condonation of delay of 285 days in re-presenting the OA. Perused the Affidavit filed on behalf of the Applicant bank and the records of the case.
4. As OA is filed for recovery of money due from borrower and in view of the fact that the bank being a financial institution is the custodian of the public money held under trust, the Tribunal relying on the judgment of Hon’ble High Court of Madras (At Madurai) in the judgment of 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.
5. Accordingly, MA No.165/26 stands allowed and delay is condoned, subject to payment of cost of Rs.3,000/- to the Tamil Nadu State Legal Services Authority on or before 11.08.2026 by the applicant and to file the compliance report before the Registry.
6. In case of the applicant complying with the order and filing compliance memo, Registry is directed to number the OA, if otherwise found to be in order. It is clarified that in case if the applicant bank fails to comply with the conditional order above, MA stand dismissed automatically without there being any need to pass separate order.
Sd/-
(S.V. GOWRAMMA)
PRESIDING OFFICER,
DRT-III, CHENNAI (Dictated to Roshnee, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 17th day of July, 2026)