Debts Recovery Tribunals and Appellate Tribunals

STATE BANK OF INDIA vs MARIA RUFINA MARTINA on 18 January 2024

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T.A. No. 745 of 2023

18.01.2024

IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI

Dated this the 18th day of January, 2024

Present: Shri Ganapathi K.R.K.

Presiding Officer

TRANSFERRED APPLICATION No. 745 of 2023

(Originally filed before DRT- II, Chennai as OA 408/2021 and thereafter transferred to this Tribunal and renumbered as TA No 745 of 2023)

M/s. State Bank of India,

Rep. by its Chief Manager,

Retail Assets Central Processing Centre, MRC Nagar, No.4, Santhome High Road, Mylapore, Chennai-600 004.

….Applicant

Vs

1.

Mrs. Maria Rufina Martina,

W/o. Mr. Vinoth Victor.

2.

Mr. Vinoth Victor,

S/o. William,

Both are residing at,

New No.7, Old No.14, AG Apartments,

1st Floor, Ram Nagar North Street,

Velachery, Chennai-600 042.

…..Defendants

Counsels on record / appeared:

Counsel for Applicant

:

M/s. Suresh Law Associates

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ORDER

1. This OA is filed by the applicant bank for recovery of a sum of Rs.20,82,391/- together with future interest and costs.

2. A memo is filed by applicant bank stating therein that during pendency of the above OA, defendants have approached applicant bank and defendants had remitted the entire outstanding dues and closed the loan account on 12.06.2023 towards full and

T.A. No. 745 of 2023

18.01.2024 final settlement of the OA claim. Hence, applicant bank prayed that the OA claim may be treated as settled out of Court and applicant bank has also filed another memo praying for return of documents filed along with proof affidavit.

3. Perused. Memo is taken on record. Allowed. In the result, this OA is disposed of as settled out of Court, however without costs. All other interlocutory applications, if any pending shall stand closed. Registry is directed to return all documents filed along with proof affidavit to applicant bank under proper acknowledgment as per extant guidelines. (Dictated to PS, transcribed by her, corrected, signed and pronounced in open court on this the 18th day of January, 2024)

Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER

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