Debts Recovery Tribunals and Appellate Tribunals
INDIAN OVERSEAS BANK vs SNACKLABS on 25 November 2024
TA No.1256 of 2023
25.11.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 25th day of November, 2024
Present: SHRI A. S. JAYACHANDRA
Presiding Officer (In – charge)
TRANSFERRED APPLICATION No. 1256 of 2023
(Originally filed before DRT- II, Chennai as OA 9/2022 and thereafter transferred to this Tribunal and renumbered as TA No 1256 of 2023)
M/s. Indian Overseas Bank,
Gandhi Nagar Branch,
Represented by its Manager,
Old No. 28, New No. 71, Gandhi Court,
Ground Floor, B Ramachandra Adithanar Road, Gandhi Nagar, Adyar, Chennai – 600 020.
…. Applicant
-Vs-
1.
M/s. Snacklabs,
Represented by its Proprietor Sri Janani, 81/117, Mount Poonamallee Road, Chennai – 600 116.
2.
Sri Janani, Proprietor of M/s. Snacklabs, 5/1, Rajeshwari Nagar, 1st Cross Street, Puzhuthivakkam, Chennai – 600 091.
…. Defendants
Counsels on record / appeared:
Counsel for Applicant Bank
:
M/s. K. Parameshwari
PROCEEDINGS DATED 25.11.2024
Ld. Counsel for the applicant has moved the “Full Satisfaction Memo” dated 23.08.2024 filed on 02.09.2024 duly signed by the AO of the bank and also the Ld.
Counsel, wherein it is recorded that:-
1. TA is filed for recovery of Rs.22, 50,869.
TA No.1256 of 2023
25.11.2024
2. In the Memo, it is submitted that the dispute is settled at Rs.26,81,188/-, which amounts were paid on different dates as mentioned in the Memo to the Full Satisfaction of the applicant bank. Hence, the following:-
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ORDER
a) TA stands disposed of as settled outside the Tribunal
b) The Court Fee to the eligible extent may be refunded as per Rules. A copy of this order be sent to all the parties concerned.
Sd/- (A.S. JAYACHANDRA)
PRESIDING OFFICER (In-charge) (Dictated to Steno, who typed in the system, corrected, signed and pronounced in Open Court, on this 25th day of November, 2024)