IN THE HIGH COURT OF JUDICATURE AT MADRAS
Sushrut Arvind Dharmadhikari, CJ, G.Arul Murugan, J
Jm Financial Asset Reconstruction Company Limited – Appellant
Versus
Registrar, Debts Recovery Tribunal-III – Respondent
| Table of Content |
|---|
| 1. court intervention for tribunal procedure delay. (Para 1 , 2) |
| 2. timely disposal of settled litigation applications. (Para 3) |
This petition under Article 226 of the Constitution has been filed seeking a direction to the Debts Recovery Tribunal-III, Chennai, to dispose of the application for return of original title documents pending in T.A.No.1545 of 2025, which has been disposed of.
2. The petitioner has filed an application (e-filing No.7933/2025 dated 07.10.2025) to facilitate the return of original documents listed therein. During the pendency of this application, one of the borrowers died and the application for bringing the legal representatives on record is pending. The Debts Recovery Tribunal is not taking any action in spite of the fact that the issue has already been settled between the parties. Because of non-return of documents, the petitioner is unable to recover the amount since there is a condition in the settlement agreement that the petitioner would hand over the original documents to the borrowers and on receipt of the documents, the borrowers would pay the entire amount as per the settlement agreement.
3. Taking into consideration the fact that th
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