Debts Recovery Tribunals and Appellate Tribunals

STATE BANK OF INDIA vs HARIYALEE LANDSCAPES PVT LTD on 30 April 2024

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T.A. No. 279 of 2023

30.04.2024

IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI

Dated this the 30th day of April, 2024

Present: Shri Ganapathi K.R.K.

Presiding Officer

TRANSFERRED APPLICATION No. 279 of 2023

(Originally filed before DRT- II, Chennai as OA. No. 377 of 2022 and thereafter transferred to this Tribunal and renumbered as TA No 279 of 2023)

State Bank of India

SME, Adyar Branch

No.5, 1st Cross Street, (2nd Floor)

Kasturba Nagar, Adyar,

Chennai-600 020.

Rep by its Chief Manager.

….Applicant

-Vs-

1.

M/s. Hariyalee Landscapes (P) Ltd.

No. E-47, 20th Cross Street,

Besant Nagar, Chennai – 600 090.

2.

Mr. Prodyot Bowmick,

Rep. by Managing Director of

M/s. Hariyalee Landscapes(P) Ltd.

S/o. Sowrendrananth Bhowmic

570, Singara Velan Street, Neelankarai,

Thiruvanmiyur, Chennai- 600 041

3.

Smt. Rooma Bhaumik

Rep. by its Director of M/s. Hariyalee Landscapes (P) Ltd.

W/o. Prodyot bowmick.

570, Singara Velan Street, Neelankarai,

Thiruvanmiyur, Chennai- 600 041.

…..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.81,25,862.21p together with future interest and costs.

T.A. No. 279 of 2023

30.04.2024

2. A memo is filed by applicant bank stating therein that during pendency of the above OA, defendants have approached applicant bank and remitted an amount of Rs.81,25,862.61p 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.

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. (Dictated to PS, transcribed by her, corrected, signed and pronounced by me in Open Court, on this the 30th day of April, 2024)

Sd/-

(GANAPATHI K.R.K)

PRESIDING OFFICER

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