Debts Recovery Tribunals and Appellate Tribunals

AXIS BANK vs Srinivas V on 19 January 2021

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**IN THE DEBTS RECOVERY TRIBUNAL II, KARNATAKA AT

BENGALURU**

Dated this 19<sup>th</sup> Day of January, 2021

**Present: SMT. S.V. GOWRAMMA**

**Hon`ble Presiding Officer**

I.A. No. 1853/2020

In

T.A.No.479/2017

(O.A. No.2179/2017)

**Between**

Axis Bank Limited.

No.8, Sona Tower,

32<sup>nd</sup> E Cross, 4<sup>th</sup> T Block, Jayanagar, Bangalore-560041.

** ...APPLICANT**

**And**

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1. 1. Mr. Srinivas. V S/o. Mr. Venkataramanappa. R/at Avani Village, Mulbaghal Taluk, Kolar District.

2. 2. Mr. Narayanaswamy. S/o. Munivenkatappa, R/at Old M M Road, Bangarpet Taluk, Kolar District.

3. 3. Mr. Sreekanta Chari. S/o. Mr. Veerabhadra Chari. R/at No.38, Bukkasagara Village, Jigani Hobli, Bangalore.

4. 4. Mr. Sandesh. G. D. S/o. Devendra Gupta, R/at Near Geetha Mandir, Bangarpet Taluk, Kolar District.

**...DEFENDANTS**

**ORDERS ON IA NO.1853/2020**

The Applicant Bank has filed I.A. No.1853/2020 to permit the applicant bank to return the Original title documents along with other

2I.A. No.1853/2020 in O. A. No.2179/2014 in T.A No.479/2017

documents filed in support of its case and marked as Exhibits A-4 to A-10, to the Applicant.

2. The Authorized signatory/Authorized representative of the Applicant Bank in the affidavit submits that the O.A. was filed for recovery of total debt of Rs.25,82,510/- and the same was allowed on 20.11.2017. The Defendants have cleared all the dues to the Applicant Bank and Applicant have recovered entire claim amount.

3. The Applicant Bank further submits in the Affidavits that at the time of the Evidence, the Applicant had produced the original documents before this Hon'ble court and the same as marked as exhibits A4 to A10 is required for returning to the Defendants.

4. In view of the fact that the entire claim amount of the applicant is recovered, and the prayer for return of original documents is allowed. The Registry is directed to return the Original documents/records which are marked as Exhibits A-4 to A-10, to the Applicant as prayed in the IA to the Applicant Bank on due acknowledgment as prescribed under the law after ensuring necessary procedures. Accordingly, I.A. No.1853/2020 stands allowed.

*[Dictated to the steno (TS), transcribed by her, corrected by me and then pronounced in the open court on this the 19<sup>th</sup> day of January, 2021]*

Sd/- **Presiding Officer** DRT-II, Bengaluru

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