Debts Recovery Tribunals and Appellate Tribunals

S. Murali Krishnan vs HDB Financial Services Ltd on 10 November 2026

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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI

R.A(S.A):30/2026

S Murali Krishnan V/S HDB Financial Services Ltd & 3 ors 10/11/2026

IA 1660/2026 (Adv. hearing): This advance hearing application is filed for advancing the hearing from 26.11.2026 to an earlier date. Having satisfied with the reasons stated in the affidavit filed in support of the application, this advance hearing application is allowed. RA(SA) 30/2026 & IA 1419/2026 (Refund): As per the order in IA 1660/2026 , the hearing of the appeal is taken up today. Learned counsel for the appellant and the learned counsel for R1 are present. Learned counsel for the appellant submits that he filed a memo of withdrawal on 31.08.2026 with a request for withdrawal of this appeal as per the order passed by the Hon’ble High Court of Karnataka at Bengaluru in WP No.14120/2026 (GM-DRT). He further submitted that the Hon’ble High Court of Karnataka at Bengaluru permitted the appellant to withdraw this appeal and get refund of pre-deposit of Rs.7,92,086/-, In pursuance of this order, petitioner/appellant also filed an application in IA 1419/2026 for refund of pre-deposit. Learned counsel for the first respondent-Bank is present and he has no objection for refund of pre-deposit. In view of the order passed by the Hon’ble High Court of Karnataka at Bengaluru in WP No.14120/2026 (GM-DRT) and on filing of the withdrawal memo, this appeal is dismissed as withdrawn. Parties shall bear their own costs. Pending IAs, if any, shall stand closed. Registry is directed to refund the pre-deposit amount of Rs.7,92,087/- with accrued interest, if any, as claimed in the refund application in IA 1419/2026, to the petitioner/appellant.

Sd/-

Chairperson

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