IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI Dated the 08^th day of April, 2025 PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON RA 14/2021 (arising out of OA 59/2009 on the file of DRT - III, Chennai)

Between

1. R.Vijayabhaskar, S/o.K.Ramamorthy

2. Mrs. Ammulu, W/o.R.Vijayabhaskar, Both are residing at:

No.57, Rangasayee Street, Perambur, Chennai - 600 011. ...Appellants And State Bank of India, Anna Nagar West Extension Branch W/7, North Main Road, Chennai - 600 101 Rep. by its Chief Manager, Mr. Suresh M.Nair. …..Respondent Counsel for Appellant : Mr. G.Jeremiah Counsel for respondent : Mr. O.Padmaprakash

ORDER

1. This appeal is filed under Section 20 of RDDB & FI Act challenging the final order passed by the Ld. Presiding Officer, DRT - III, Chennai in OA 59/2009 dated

30.09.2019.

2. The respondent bank filed the aforesaid OA for recovering a sum of Rs.11,03,325/-

together with interest at the rate of 9.75% per annum with monthly rests from the date of application till the date of realization with costs of the application and for sale of property mentioned in the Schedule to the OA. The case of the respondent is that appellants approached the bank during the year 2005 f