Debts Recovery Tribunals and Appellate Tribunals
SOUTH INDIAN BANK vs LGE SIGN on 7 August 2026
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 07th day of August, 2026
Present: SMT. S.V. GOWRAMMA
Presiding Officer
M.A. No.184 of 2026 in OA Dy.No.4982 of 2023
The South Indian bank,
Ambattur branch,
PMR Branch,
Door Nos.6A and 6B,
Menambedu Main Road,
Coromandel town,
Ambattur Industrial Estate,
Chennai- 600098
Rep by its Chief Manager
...Applicant
-Vs-
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1. M/s LGE SIGNS,
Rep by its Proprietor, Mr. Hari Ganesh,
No. C 15, Thiru Vi Ka Industrial Estate, Guindy, Chennai- 600032
Also at:
No.21/15, Pallavan street, Ambal nagar,
Ekkaduthangal, Chennai- 600097
2. Mr. Hari Ganesh,
S/o Mr. Sankar, Old No.72, New No.9,
Atallah Tower, T Block,
9th street, Tower club,
Anna nagar, Chennai- 600040
Also at:
Mr. Hari Sankar
No. C 15, Thiru Vi Ka Industrial Estate, Guindy, Chennai- 600032
3. Mrs. Roopahari Ganesh,
W/o Mr.Hari Ganesh, Old No.72, New No.9,
Atallah Tower, T Block,
9th street, Tower club,
Anna nagar, Chennai- 600040
Also at:
Mrs. Roopahari Ganesh,
W/o Mr.Hari Ganesh,
No. C 15, Thiru Vi Ka Industrial Estate, Guindy, Chennai- 600032
4. Mr.J.Suresh Kumar,
S/o Mr.Jayandran,
Flat No.K6, Triumph Apartment,
114, Appasamy building,
Innerring road, Arumbakkam,
Chennai- 600106
…Defendants
Counsels on record / appeared:
Counsel for Applicant : M/s. M.L. Ganesh ORDER IN MA No.184/2026
1. MA No.184 of 2026 is taken up. This is an application filed by applicant bank for condonation of delay of 592 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.77,70,815.73p (Rupees Seventy Seven Lakhs Seventy Thousand Eight Hundred Fifteen and Seventy Three Paise only) together with interest and costs. It is submitted that the OA was returned by the Registry for compliance of objections. As the junior counsel for counsel on record for applicant bank was suffering from health issues and was under treatment, 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 592 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.184/26 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 04.09.2026 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 stands 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 07th day of August, 2026)