ORDER

The petitioner is before this Court calling in question an order dated 30-11-2022, passed by the Debts Recovery Tribunal-I, Bangalore (‘the Tribunal’ for short), rejecting Interlocutory Application No.1739 of 2021 in D.No.1382 of 2021 and has sought a consequential direction to the Bank to consider the representation made by the petitioner to clear the dues and close the account.

2. Heard Sri K. Ravi Shankara Bhat, learned counsel appearing for the petitioner, Smt. B.G. Nayana Tara, learned counsel appearing for respondent No.1 and Sri Sharath Mulia, learned counsel appearing for respondent No.2.

3. Brief facts that lead the petitioner to this Court in the subject petition, as borne out from the pleadings, are as follows:-

The petitioner is the grandson of one S.Krishnan (hereinafter referred to as ‘borrower-1’ for short), the absolute owner of the schedule property. Borrower-1 avails certain finance from the then Syndicate Bank. The loan was not only availed by borrower-1 but also his wife Smt. Bhuvana Krishnan (hereinafter referred to ‘borrower-2’ for short) who executed a reverse mortgage agreement by deposit of title deeds of the schedule property on 08-09-2010. During subsi