Debts Recovery Tribunals and Appellate Tribunals

MRS R MALAR vs INDIAN BANK on 10 November 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

10/11/2026

Learned Counsel for both sides are present.

On 27.10.2026, the Petitioner was directed to report settlement or comply with the order passed in the waiver application.

When the matter is taken up, no settlement was reported. However, Learned Counsel for Petitioner informed that the conditional order dated 8.7.2026 passed in the waiver application is complied with.

Therefore, Registry is directed to number the appeal, if it is otherwise in order, after completion of service pending, if any, and pleadings.

Learned Counsel for Respondent Bank submitted that the Bank, as of now, has not taken any steps for taking physical possession of the secured asset. Therefore, as of now, there is no interim order required, as requested by the Learned Counsel for Petitioner.

List the appeal for final disposal on 18.12.2026.

Sd/-

Chairperson

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