Debts Recovery Tribunals and Appellate Tribunals

Eliyaas Son of Rahim vs STATE BANK OF INDIA on 16 September 2026

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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI

Dated the 16th Day of September 2026

PRESENT: HON’BLE MR. JUSTICE G. Chandrasekharan CHAIRPERSON

RA (SA) 160/2025

(Arising out of S.A.No.95 /2025 On the file of DRT-III, Chennai)

Between

Mr. R. Eliyaas,

S/o M.A. Rahim,

R/a No. 89, EB Office Road,

Sakthi Nagar, Survey No. 138/1,

Perumalpattu, Thiruvallur 602 024.

… Appellant

And

The Authorised Officer,

State Bank of India, ARMB,

No.44, Eldams Road,

First Floor, Teynampet,

Chennai 600 018.

…Respondent

Counsel for Appellant : M/s. D. Durairaj

Counsel for Respondent : M/s. N. Kishore Kumar

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ORDER

Learned counsel for the appellant and the learned counsel for the respondent-Bank are present.

2. When the matter is taken up, learned counsel for the appellant filed a memo stating that the respondent-Bank has taken physical possession of the secured asset and therefore, this appeal has become infructuous. The appellant is seeking refund of pre- deposit amount . The memo filed to the effect that the appeal is withdrawn by the appellant is recorded.

3. view of the memo filed, this appeal is dismissed as withdrawn. The amount deposited towards pre-deposit, with accrued interest, if any, is ordered to be refunded to the appellant.

Parties shall bear their own costs.

Pending IAs, if any, shall stand closed.

Sd/- (Justice G. Chandrasekharan)

Chairperson

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