Debts Recovery Tribunals and Appellate Tribunals
KAVITA PRAHALADAKA vs A O STATE BANK OF INDIA AND ORS on 11 September 2026
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
R.A(S.A):171/2025
Kavita Prahaladaka V/S A. O., State Bank of India & Ors 11/09/2026
Order pronounced (Vide separate order) in Open Court.
In the facts and circumstances of the case, this Tribunal finds that the Securitization Application viz. SA 89/2016 was rightly dismissed by the learned Presiding Officer and it requires no interference by this Tribunal.
In fine, Order passed by Learned Presiding Officer, DRT-II, Chennai in SA No.89/2016 dated 22.8.2016 is confirmed and Appeal RA(SA) 171/2025 is dismissed.
Parties are directed to bear their own costs.
Pending IAs, if any, stand closed.
Sd/-
Chairperson