Selvi.S vs. Authorised Officer
AI Summary
Get an AI-powered analysis of this court order
Order Issued After Hearing
Purpose:
For Admission - Sarfaesi
Before:
Hon'ble Honourable The Chief Justice , Honourable Mr Justice P.D.Audikesavalu
Listed On:
27 Jul 2023
Original Order Copy
Get a certified copy of this order
Order Text
W .P.No.21856 of 2023 & W.M.P.No.21183 of 2023
W.P.No.21856 of 2023 & W.M.P.No.21183 of 2023
THE HON'BLE CHIEF JUSTICE and P.D.AUDIKESAVALU, J.
(Order of the Court was made by the Hon'ble Chief Justice)
Learned counsel for the petitioner submits that 25% of the amount is already deposited by the petitioner. The petitioner was directed to deposit 50% by the Debts Recovery Tribunal. The petitioner filed an appeal before Debt Appellate Recovery Tribunal. The Debt Appellate Recovery Tribunal had directed to deposit 25% of the total amount outstanding. Learned counsel submits that the petitioner is a widow. The husband of the petitioner had taken the loan. He passed away leaving behind the residential house for which loan was taken.
- Issue notice to the respondent returnable in three weeks. In addition to the regular service, the petitioner may serve the respondent by RPAD also.
Page 1 of 3
https://www.mhc.tn.gov.in/judis
W .P.No.21856 of 2023 & W.M.P.No.21183 of 2023
-
Till the next date, further steps pursuant to an order under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 may not be taken on condition that the petitioner deposits a sum of Rs.15.00 lakh (Rupees fifteen lakh) within two weeks from today.
-
List the matter on 17.08.2023.
(S.V.G., CJ.) (P.D.A.,J.) 27.07.2023
kpl
Page 2 of 3
https://www.mhc.tn.gov.in/judis
W .P.No.21856 of 2023 & W.M.P.No.21183 of 2023
THE HON'BLE CHIEF JUSTICE and P.D.AUDIKESAVALU, J.
(kpl)
W.P.No.21856 of 2023 & W.M.P.No.21183 of 2023
27.07.2023
Page 3 of 3