Debts Recovery Tribunals and Appellate Tribunals
Rajagopalan vs AXIS BANK on 12 November 2026
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 947/2026 (Waiver) in A.IR:1585/2026
S Rajagopalan V/S Axis Bank Ltd
12/11/2026
Learned Counsel for both sides are present.
Despite the direction on 15.7.2026 from this Tribunal to the Learned Counsel for the Respondent Bank to produce copy of the claim application filed before the official liquidator, such a copy is not produced. Learned Counsel for Respondent Bank has produced only a copy of Annexure 4 to state that a claim of Rs.5,07,06,679/- was made as on 9.12.2019. According to him, with subsequent interest, the amount comes to Rs.10,64,89,938.30p as on 13.7.2026.
Post the matter on 3.12.2026 for production of the claim application. Failing to produce the same would make this Tribunal to pass orders in the waiver application on the basis of the amount claimed and accepted in the 64 th meeting of the stakeholders of the Appellant.
Sd/-
Chairperson