Debts Recovery Tribunals and Appellate Tribunals
S DHARANI vs BANK OF BARODA on 11 September 2026
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
RA (SA) 136/2026
S Dharani V/S Bank of Baroda
11/09/2026
IA No. 1360/2026 (Pre-deposit Refund):
Learned Counsel for both sides are present.
This application is filed for refund of pre-deposit made at the time of entertaining this appeal.
The pre-deposit amount is neither a secured debt nor a security interest is created. There is no order of attachment under Section 13(10) of the SARFAESI Act against this amount. Therefore, the Petitioner is entitled for this refund of pre-deposit, along with accrued interest if any.
The other side has not serious objection to this pre-deposit refund application.
Therefore, IA No. 1360 of 2026 (Pre-deposit Refund) is allowed.
Registry is directed to refund the pre-deposit, with accrued interest, if any, to the Petitioner/Appellant, Mrs. S. Dharani, as prayed for in the application for refund of pre-deposit.
RA (SA) 136/2026:
Learned Counsel for both sides are present.
When this matter is taken up, Learned Counsel for the Appellant informed that this matter is settled in Lok Adalat, and a memo is filed seeking permission to withdraw this appeal.
Memo is taken on record and permission is accorded.
In view of the settlement of the dispute in the Lok Adalat, and filing of withdrawal memo, this appeal is disposed as withdrawn, and as per the terms entered into in the Lok Adalat Award.
Parties are directed to bear their own costs.
Pending IAs, if any, stand closed.
Sd/- Chairperson