Debts Recovery Tribunals and Appellate Tribunals
CANARA BANK vs Durairaj on 23 July 2024
TA No.1883 of 2023
23.07.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 23rd day of July, 2024
Present: SHRI A. S. JAYACHANDRA
Presiding Officer (In – charge)
TRANSFERRED APPLICATION No. 1883 of 2023
(Originally filed before DRT- II, Chennai as OA 524/2019 and thereafter transferred to this Tribunal and renumbered as TA No 1883 of 2023)
M/s. Syndicate Bank
Saidapet Branch,
Rep. by its Chief Manager
No. 54, Seshachala Mudali Street,
Saidapet, Chennai – 600 015.
.…. Applicant
-Vs-
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1. Mr. A. Durairaj, S/o. Arjunan, Plot No. 4, S-4, 2nd Floor, 14 H Block, Pushpa Nagar, Nungambakkam, Chennai – 600 034.
2. Mr. R. Rajesh, S/o. Raman, No. 19/41, Nehru Street, Avvai Nagar, Choolaimedu, Chennai – 600 094.
…. Defendants
Counsels on record / appeared:
Counsel for Applicant : M/s. V. Sudhakar
PROCEEDINGS DATED 23.07.2024
File is taken up today to consider the full satisfaction memo and the IA No.1270/24 seeking advancement of the case from 23.10.2024 to this day. The TA No.1883 of 2023
23.07.2024 same having been listed. IA stands disposed of. The date assigned already ie., 23.10.2024 stands cancelled. Orders on the full satisfaction memo dated 09.07.2024.
1. OA is filed for recovery of Rs.34,40,507.40 p along with interest.
2. It is reported that the defendants settled the claims by complying OTS offered at Rs.25,00,831/-. The same is reported to have been paid on 01.06.2024. The applicant bank is in receipt of the entire amount agreed between the parties. The claim is thus satisfied.
In view of the above, OA stands disposed of as settled outside the Tribunal. The original documents [Ex.A01 to Ex.A08] be returned as per the Form 11, if found on record. Copies be communicated to all parties.
Sd/- (A.S. JAYACHANDRA)
PRESIDING OFFICER (In-charge)