Debts Recovery Tribunals and Appellate Tribunals
STATE BANK OF INDORE vs Annamalai on 1 July 2024
T.A. No. 960 of 2023
01.07.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 01st day of July, 2024
Present: SHRI A.S. JAYACHANDRA
Presiding Officer (In–charge)
TRANSFERRED APPLICATION No. 960 of 2023
(Originally filed before DRT- II, Chennai as OA 257/2020 and thereafter transferred to this Tribunal and renumbered as TA No 960 of 2023)
M/s. State Bank of India
ARMB Branch, Represented by its Chief Manager, Having its office at No.44, I Floor, Eldams Road, Teynampet, Chennai – 600 018.
….Applicant
-Vs-
1.
V. Annamalai,
S/o. Vellachamy,
No.23, Lakshmi Street, III Extension,
Agathiarnagar, Villivakkam,
Chennai – 600 049.
2.
Mrs. A. Manjula
W/o. V. Annamalai
No.23, Lakshmi Street, III Extension,
Agathiarnagar, Villivakkam, Chennai – 600 049.
3.
M/s. Dugar Housing Limited,
Represented by its Director,
Having its office at No. 123,
Marshalls Road, Egmore,
Chennai - 600 008.
…..Defendants
Counsels on record / appeared:
Counsel for Applicant
:
Ms. A.K. Vidhya
Counsel For Defendant
:
None - despite intimation
PROCEEDINGS DATED 01.07.2024
IA/1048/2024 [ADVANCE APPLICATION]
Heard the same is allowed in view of the Ld. counsel for the bank submitting that the matter is settled. Hence, the file is preponed from 22.10.2024
to this day and the accompanying Memo is heard.
T.A. No. 960 of 2023
01.07.2024
Orders on Memo dated 18.6.2024.
1. OA is filed for recovery of Rs.20,08,993/-.
2. In the Memo duly signed by the AR of the applicant bank, it is submitted that the dispute is settled at Rs.8,28,222/- and that the same is satisfied.
3. Having heard the Ld. counsel for the applicant bank, there remains nothing to be considered in the present case in view of the full satisfaction Memo filed. Accordingly, the following
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ORDER
(a) OA stands disposed of as settled outside the Tribunal (b) The applicant bank is eligible to the refund of the Court Fee to the extant applicable as per rules.
(c) The original documents, if any, may be returned, if proper Form 11 is filed along with photo copies. The dates assigned stands cancelled. A copy of this order be sent to all the parties concerned.
Sd/- (A.S. JAYACHANDRA)
PRESIDING OFFICER (In-charge)