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2017 Supreme(Mad) 63

S.MANIKUMAR, M.GOVINDARAJ
S. Reshma – Appellant
Versus
Debt Recovery Tribunal rep. By its Registrar Spencer Towers – Respondent


Advocates Appeared:
For the Petitioner: Mr. R. Thiyagarajan
For the Respondents: Mr. P. Elaya Rajkumar, M/s. Ramalingam Associates

ORDER :

S. Manikumar, J.

On 13/7/2011, in D.R.C.No.161/2010, in O.A.No.119 of 2007, Debts Recovery Tribunal I, Chennai, has passed the following order:-

“Whereas you the defendants have failed to pay the sum of Rs.6,04,67,154.42 p (Rupees Six crores four lakhs sixty seven thousand one hundred and fifty four and paise forty two only), payable by you, jointly and severally, to the applicant in terms of Debt Recovery Certificate No.161/2010 dated 14/12/2010 issued in O.A.No.119/2007 drawn up by the Hon'ble Presiding Officer, Debts Recovery Tribunal I, at Chennai, and further interest and costs payable as per law:

Whereas the Certificate holder bank has now identified the undermentioned unsecured immovable property in which the fourth certificate debtor/defaulter is having one third share, being a joint owner, which is sought to be attached/sold by the certificate holder bank in execution of the RC issued against the defaulters.

It is hereby ordered that you, the said defendants be and you are hereby prohibited and restrained from transferring and charging the under mentioned properties in any way and that all persons be and are hereby prohibited and restrained from taking any benefit under
























































































































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