Sree Selvaganapathy Agro Industries vs PUNJAB NATIONAL BANK on 16 October 2026

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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI

Dated the 16th day of October, 2026

PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN

CHAIRPERSON

IA 1339/2026 (Waiver) In AIR (SA) 2476/2026

(arising out of S.A.No.370/2023 on the file of DRT, Coimbatore)

Between

1.

Sree Selvaganapathy Agro

Industries

Represented by its Managing

Partner, Mr. Nallasamy K.,

Having office at No.107,

Saminathapuram, Modakurichi,

Muthur Main Road,

Erode - 638 004.

2. Sree Selvaganapathy Coconut

Processing

represented by its Proprietor,

Mr. Nallasamy K.,

Having office at No.107,

Saminathapuram, Modakurichi,

Muthur Main Road,

Erode - 638 004.

3.

Mr. Nallasamy K.

Proprietor of Sree Selvaganapathy

Coconut Processing

Managing Partner of Sree

Selvaganapathy Agro Industries

S/o. Kuppuswamy S.,

Residing at No.47, Pappathikadu

2nd Street, Veerappan Chatram,

Erode 638 004.

4. Mrs. Sugantha Nallasamy C.

W/o. Nallasamy K., Managing Partner

of the 1st Appellant,

Residing at No.47, Pappathikadu 2nd

Street, Veerappan Chatram,

Erode - 638 004.

5.

Mr. Selvadurai K.

S/o. Kuppuswamy S.,

Residing at No.51, Pappathikadu

2nd Street, Veerappan Chatram,

Erode 638 004.

… Appellants

And

PNB Housing Finance Limited

Having its Branch Office at No.1112, Raja Plaza, 2nd Floor, Avinashi Road, Near Lakshmi Mills, Coimbatore - 641 037.

... Respondent

Counsel for Appellants:

M/s. Aditya Sarangarajan

Counsel for Respondent: M/s. T. Sai Krishnan

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