Debts Recovery Tribunals and Appellate Tribunals

HDFC BANK vs MURTHY M on 2 February 2024

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02.02.2024

IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI

Dated this the 02nd day of February, 2024

Present: Shri Ganapathi K.R.K.

Presiding Officer

OA Dy.No.1836/2023 (OASR No.4346/2023)

M/s. HDFC Bank Ltd.,

No.110, 4th Floor, Ceebros Building,

Nelson Manickam Road, Aminjikarai,

Chennai-600 029.

Rep by its Authorized Signatory

….Applicant

-Vs-

1.

Mr. Murthy. M

S/o. Manoharan,

No.202/224/217, 12th Street,

Jyothiammal Nagar, Tamil Nadu Open University Backside, Saidapet, Chennai-600 015.

2.

Shobana Priya. G

No.202/224/217, 12th Street,

Jyothiammal Nagar, Tamil Nadu Open University Backside, Saidapet, Chennai-600 015.

….Defendants

Counsels on record / appeared:

Counsel for Applicant

:

M/s. Kvp. Deepak Raj

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ORDER

1. This contemplated OA is filed by the applicant bank for recovery of a sum of Rs.24,64,952.30p together with future interest and costs.

2. A memo is filed by applicant bank stating therein that pending scrutiny of above OA, defendants had approached applicant bank for settlement under OTS, which was accepted by applicant bank and accordingly, defendants had remitted a sum of

02.02.2024 Rs.9,50,000/ on 28.12.2022 towards full and final settlement of the OA claim. Hence, applicant bank prayed that the OA claim may be treated as settled out of Court and also prayed for refund of Court fee.

3. Perused. Memo is taken on record. Allowed. In the result, this OA is disposed of as settled out of Court, however without costs. Applicant bank to file necessary application for refund of Court fee as per extant guidelines. All other interlocutory applications, if any pending shall stand closed. (Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 02nd day of February, 2024)

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

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