Debts Recovery Tribunals and Appellate Tribunals
PUNJAB AND SIND BANK vs MASILA on 24 September 2024
TA No.199 of 2023
24.09.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 24th day of September, 2024
Present: SHRI A. S. JAYACHANDRA
Presiding Officer (In – charge)
TRANSFERRED APPLICATION No. 199 of 2023
(Originally filed before DRT- II, Chennai as OA 78/2022 and thereafter transferred to this Tribunal and renumbered as TA No 199 of 2023)
M/s. Punjab & Sind Bank,
Asset Recovery Management Branch,
I Floor, Dewa Towers,
770-A, Anna Salai,
Chennai – 600 002
.…. Applicant
-Vs-
Ms. D. Masila,
W/o. M. Dhana Surya
No. 41 – A, 4th Main Road,
CRR Puram,
L &T Colony, Manapakkam,
Chennai – 600 089.
Also residing at:
Surya Rehabilitation Centre
No. Flat 1-D, 1st Floor,
JP Greenland Apartments,
9/5, 5th Main Road, Nandanam Extn,
Chennai – 600 035.
…..Defendant
Counsels on record / appeared:
Counsel for Applicant
:
Ms. S. Booma
PROCEEDINGS DATED 24.09.2024
Ld. Counsel for the applicant bank submits that they have filed the Memo dated 10.07.2024 and the same is endorsed by the Chief Manager of the bank wherein it is recorded that:- TA No.199 of 2023
24.09.2024
1.
TA is filed for recovery of Rs 41,30,435/- along with interest.
2.
In the Memo, it is submitted that the dispute is settled at Rs.6,84,695/- on 31.12.2023 fully and finally and that the claim is satisfied.
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ORDER
In view of the above,
(a) OA stands disposed of as settled outside the Tribunal (b) The original documents, if any, may be returned, if proper Form 11 is filed along with photo copies. A copy of this order be sent to all the parties concerned.
Sd/- (A.S. JAYACHANDRA)
PRESIDING OFFICER (In-charge)
(Dictated to Steno in open court, who typed in the system, corrected, signed and pronounced by me on this the 24th day of September, 2024)