Debts Recovery Tribunals and Appellate Tribunals

FEDERAL BANK vs Padmapriya on 7 August 2026

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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.185 of 2026 in OA Dy.No.325 of 2024

The Federal Bank,

Chennai/Anna Nagar Branch,

Rep by its Branch Manager,

C 48, TNHB Complex,

Lind Avenue, Anna nagar,

Chennai- 600040

...Applicant

-Vs-

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1. M/s Padmapriya,

W/o Arulanantham

No.9, TNHB Nolambur,

Thiruvallur, Tamilnadu- 600095

2. M/s Kalavathy, W/o Janibabu, No.2/6, Baba homes, Lakshmanamuthalli 1st street, Venkatraman nagar, Korattur, Thriuvallur, Tamilnadu-600080

…Defendants

Counsels on record / appeared:

Counsel for Applicant : M/s. B. Priyanka

ORDER IN MA No.185/2026

1. MA No.185 of 2026 is taken up. This is an application filed by applicant bank for condonation of delay of 495 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.93,39,275/- (Rupees Ninety Three Lakhs Thirty

Nine Thousand Two Hundred Seventy Five only) together with interest and costs. It is submitted by the applicant bank that the OA was returned by the Registry for compliance of objection. The OA was initially filed by the Kolathur Branch and due to internal procedural transition and communication gaps, the return status of the papers could not be monitored in time, which has also contributed to the delay in re- presentation. 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 495 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.185/26 stands allowed and delay is condoned, subject to payment of cost of Rs.4,000/- 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 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 07thday of August, 2026)

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