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2020 Supreme(Mad) 44

M.SATHYANARAYANAN, R.HEMALATHA
Andhra Bank, Sowcarpet, Chennai – Appellant
Versus
Bhagya Nagar Solvent Extractions Pvt. Ltd. , T. Nagar, Chennai – Respondent


Advocates Appeared:
For the Petitioner:R. Gowthama Narayanan, Advocate.
For the Respondents:K. Suresh Kumar, Omprakash, Senior Counsel assisted by P. Muthukumarasway, Advocates.

JUDGMENT :

M. Sathyanarayanan, J.

(Prayer: Civil Revision Petition filed under Article 227 of the Constitution of India against the order dated 21.08.2015 passed in R.A.(O.A)No.21 of 2012 on the file of the Debts Recovery Appellate Tribunal at Chennai.)

1. The revision petitioner, namely Andhra Branch, Sowcarpet Branch, Chennai, was the original applicant in O.A.No.145 of 2009 on the file of the Debts Recovery Tribunal-II, Chennai [in short ‘DRT’].

2. The revision petitioner/original applicant filed the said original application against the defendants 1 and 2 / respondents 1 and 2 herein, praying for recovery of a sum of Rs.1,46,66,302.00 along with interest @ 16% p.a. calculated at monthly rest, from the date of the application i.e., September, 2009 till the date of payment and for sale of immovable Schedule Mentioned Property, namely Flat No.A001, Ground Floor, Kesav Dugar Apartment, Door No.1, East Avenue, Kattabomman Street, Keasavaperumal Puram, Raja Annamalai Puram, Chennai-600 028 and if the sale proceeds are insufficient, prayed for ordering recovery of balance amount after adjustment from the first defendant.

3. The said original application, after contest, came to be dismissed

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