ORDER

1. This appeal is filed under Section 20 of RDB Act against the order against the order dated 4.9.2012 passed by Learned Presiding Officer, DRT-III, Chennai in OA No.458/2007.

2. Aforesaid OA was filed against defendants 1 to 16 to pay an aggregate sum of Rs.1,00,90,117/- (Rs.3,76,718/- plus Rs.97,13,399/-). However, there are two prayers in the OA, first prayer was sought against the first defendant to pay a sum of Rs.3,76,718/- with interest at 14.25% per annum with quarterly rests from the date of filing till the date of realization and the second prayer was against defendants 1 to 16 jointly and severally to pay a sum of Rs.97,13,399/- together with further interest at 14.25% p.a. with quarterly rests from the date of filing till the date of realization with costs and for other consequential reliefs.

3. Learned Presiding Officer while deciding the OA, allowed the OA in part with reference to first prayer against the first defendant alone for issuance of recovery certificate for Rs.3,76,718/- with future interest at 12% p.a. with yearly rests from the date of filing of the OA till realization. There is no specific order with regard to dismissal of second prayer. Therefore, th