Debts Recovery Tribunals and Appellate Tribunals
MRS R MALAR vs INDIAN BANK on 9 September 2026
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 968/2026 (Waiver) in A.IR:1490/2026
R Malar V/S Indian Bank
09/09/2026
Learned Counsel for both sides are present.
Learned Counsel for the Petitioner/Appellant submits that Petitioner is a widow, and she is taking steps for selling the other property, which was mortgaged with Canara Bank, and to settle this loan account also. Learned Counsel for the Respondent Bank also concedes that such an attempt is being made.
In view of the submissions made by the Learned Counsel for the Petitioner, this Tribunal grants 6 weeks time from today, to comply with the conditional order dated 8.7.2026 passed in the waiver application.
Compliance by 23.10.2026.
Post the matter on 27.10.2026 for reporting compliance.
Sd/-
Chairperson