Debts Recovery Tribunals and Appellate Tribunals

CORPORATION BANK vs Ms Excel Collection on 15 July 2025

13. TA 625/2019

15.07.2025 Ld. Counsel Mr.S.Suresh Kumar appearing for the Applicant Bank and Mr.Sivaprasad, Liaison Officer of the Applicant Bank present.

Ld. Counsel for the Applicant Bank seeks yet another chance for taking out Substituted Service of summons in respect of D1 & D2. The Tribunal observes the Applicant’s making of such request since 11.05.2022 in near or about 8 hearings only to be flouted. The Applicant Bank shall pay cost of Rs.5,000/- to the Library Fund of Coimbatore DRT Lawyers Association and produce proof thereof to pass further orders in respect of D1 and D2 it being unappreciative of the applicant’s non taking of summons in the Transferred Application of the year 2019 when the scheme of RDB Act postulates disposal of OA as expeditiously as possible within 180 days of its filing.

Call on 28.07.2025.

PO

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