IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI Dated the 24^thday of July, 2025 PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON MA 21/2017 (Arising out of AOR 8/2010 on the file of DRT, Karnataka)

Between Sri H. Amarnath Son of Sri M.A. Hanumantha Sa, R/o No.331/29 (Old No.331), 8^th ‘A’ Main Road, “A” Block, 2^nd Stage, Milk Colony, Rajaji Nagar, Bangalore 560 010.

…..Appellant And

1. Kotak Mahindra Bank, No.487, 1^st Floor, 9^th Main Road, 4^th Block, Jayanagar, Bangalore 560 011.

2. M/s Hiteck Profile Formers Pvt. Ltd.

No.2, Sangeetha Apartments, 4^th Main Road, Malleswaram, Bangalore 560 003.

3. Sri S. Ramji, S/o Swaminathan

4. Smt. Geetha Ramji, Wife of Sri S. Ramji

5. Ms. Kritika Ramji D/o Sri S. Ramji

6. Ms. Deepika Ramji D/o Sri. S. Ramji Respondents 3 to 6 are at:

No.49/3, 2^nd Floor, 16^th Cross, Malleswaram, Bangalore 560 003.

…..Respondents Counsel for Appellant : M/s S.R. Rajagopal & Co.

Counsel for R1 Bank : M/s Ramalingam & Associates Counsel for R2 : None Counsel for R3 to R6 : Mr. S. Sashikumar

ORDER

1. This Appeal is filed under Section 20 of RDB Act, challenging theorder of Learned Presiding Officer, DRT, Bangalore dated 20.2.2014 passed in AORNo.8/2010.

2. The first res