Debts Recovery Tribunals and Appellate Tribunals
INDIAN BANK vs Dr B S Dayanthi on 11 November 2026
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
A.IR:456/2022
A.O.,Indian Bank V/S Dr.B.S.Dayanithi
11/11/2026
IA 1405/2026 (Amendment)
This application is filed to amend the number of days of delay in the condone delay application (IA 125/2023 as 25 days instead of 20 days. It is submitted that the error is neither willful nor intentional. Having satisfied with the submissions, this amendment application is allowed. IA 125/2023 (Delay)
Learned counsel for the petitioner is present and submitted that IA 125/2023 is filed to condone the delay of 23 days in filing the appeal against the order passed in SA 289/2022 by the learned Presiding Officer, DRT-III, Chennai, on 05.09.2022. She has also submitted that the learned Presiding Officer, when there had been no sale in pursuance of the sale notice dated 16.02.2022, instead of disposing the SA 289/2022 as infructuous, passed an order prohibiting the appellant-Bank from proceeding further under the SARFAESI Act against the mortgaged property. Therefore, this appeal is filed. She further submitted that due to administrative reasons, the appeal could not be filed in time and thus, seeks for condonation of delay of 5 days in filing the appeal. Learned counsel for the respondent has no serious objection. In view of the reasons stated by the learned counsel for the petitioner for the delay in filing the appeal and to give an opportunity to the appellant to prosecute the appeal, the delay of 23 days can be condoned subject to payment of costs of Rs.1000/- to the DRT & DRAT Bar Association on or before 25.11.2026. Post the matter on 27.11.2026 for reporting compliance. Sd/-
Chairperson