Debts Recovery Tribunals and Appellate Tribunals
Rameesh Maligai Rep by Proprietor Mr Rameesh vs HDFC BANK on 2 November 2026
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
M.A(S.A):100/2026
M/s Ramesh Maligai V/S HDFC Bank Ltd & anr 02/11/2026
Misc. Appln. 105/2026: This application is filed for refund of pre-deposit amount of Rs.80,00,000/- along with accrued interest, if any to the petitioner. Learned Counsel for the Petitioner submitted that the appeal is disposed on 15.10.2026 and thus, seeks refund of pre-deposit amount along with accrued interest. Learned counsel for the respondents has no objection. 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 the refund of pre-deposit, along with accrued interest if any. In view of this, Misc. Application in IA 105/2026 is allowed. Registry is directed to refund the pre-deposit along with accrued interest, if any, to the petitioner.
Sd/-
Chairperson