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2026 Supreme(Online)(DRAT) 330

DEBT RECOVERY APPELLATE TRIBUNAL
Justice Shri G. CHANDRASEKHARAN
J HARI HARA SUDHAN – Appellant
Versus
BANK OF INDIA – Respondent


IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI Dated the 24TH day of March, 2026 PRESENT : HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON MA (SA 18/2026 ( Arising out of I.A.No.871/2025 in S.A.No.177/2025 on the file of DRT, Coimbatore)

Between

1. Mr. J. Hari Hara Sudhan, No. 123 A, Elango Nagar, Avarampalayam, Ganapathy, Coimbatore – 641 006.

2. Mrs. J. Shanthamani, No. 123 A, Elango Nagar, Avarampalayam, Ganapathy, Coimbatore – 641 006.

3. Mr. Jayabalan, No. 123 A, Elango Nagar, Avarampalayam, Ganapathy, Coimbatore – 641 006 … Appellants And The Authorised Officer, Bank of India, Asset Recovery Branch, Ground Floor, Star House, 324, Oppanakara Street, Coimbatore – 641 001.

…Respondent

ORDER

This appeal is filed against the interim order passed in IA 875/2025 in SA

177/2025.

2. SA 177/2025 was filed to set aside the order passed by the learned Chief Judicial Magistrate, Coimbatore in Crl.M.P.No. 28920/2024. During the pendency of the securitization application, petitioners filed IA 875/2025 for staying the further proceedings. Learned Presiding Officer, passed an order on 21.02.2025 on the basis of the submission of the learned counsel appearing for the petitioners before the Trib

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