IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI Dated the 4^th day of February, 2025 PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON RA (SA) 74/2018 (arising out of SA 214/2013 on the file of DRT-III, Chennai)

Between Tamilnad Mercantile Bank Limited Rep. by its Authorised Officer, No.52, ABC Vallal Pachaiappan Street, Kancheepuram.

Now the account is transferred to Asset Recovery Management Cell, No.4, T.T.K. Road, 1^st Floor, Royapettah, Chennai 600 014.

…..Appellant Bank And

1. Mr. G. Kumar, 961, School Street, Manampathy Village, Uthiramerur Taluk, Kancheepuram 631 501.

2. Mr. R. Madan, No.26/3, Tambaiah Road, West Mambalam, Chennai 600 033 …..Respondents Counsel for Appellant Bank : M/s V. Chandrasekaran & Co.

Respondents remained ex parte.

ORDER

1. This appeal is filed under Section 18 of SARFAESI Act, challenging the order passed by Ld. Presiding Officer, DRT-III, Chennai in SA 214/2023 on

30.6.2016.

2. Learned Counsel for Appellant Bank submitted that the Demand Notice to

1^st Respondent had been sent and the same was refused by him. Affixture, publication of Demand Notice and Sale Notice had been done as per the procedure. While Demand Notice was refused by 1^st Respondent