Debts Recovery Tribunals and Appellate Tribunals
V.Ajayakumar & anr vs Federal Bank & anr on 21 October 2026
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
R.A(S.A):48/2019
V.Ajayakumar & Anr V/S Federal Bank & Anr 21/10/2026
Order pronounced (Vide separate order) in Open Court.
In the facts and circumstances of the case, this Tribunal finds that there is no ground made out by the appellants for interfering with the order of the Learned Presiding Officer, DRT-II, Ernakulam. Accordingly, the order of the Learned Presiding Officer, DRT-II, Ernakulam dated 6.10.2018 passed in TSA 575/2016 (SA No.737/2013) is confirmed.
In the result, Appeal RA(SA) 48/2019 is dismissed. Parties are directed to bear their own costs. Pending IAs, if any, stand closed. Sd/-
Chairperson