Today tips Vinothpandian: 2015 (2) DRTC 673 : K padma vs k Ramachandran : debt s recovery tribunal and debts recovery appellate tribunal both considered to be a civil court with regard to recovery proceedings

[28/05, 13:57] Vinothpandian: 2015 (2) DRTC 673 : K padma vs k Ramachandran : debt s recovery tribunal and debts recovery appellate tribunal both considered to be a civil court with regard to recovery proceedings
[28/05, 13:57] Vinothpandian: 2013 (2) DRTC 105 ; N sumathi & another vs lakshmi vilas bank : In cases where fixed deposit being in joint names of husband and wife , on maturity would be payable to either or survivor
[28/05, 13:57] Vinothpandian: 2016 (2) DRTC 289 : sundaram.BNP paribas home finance ltd malappuram vs nisha : Recovery proceedings initiated under SARFASI.act , only prayer in writ court that petitioner may be permitted to clear outstanding amount due to bank in easy instalments , writ.court exercised its discretion in granting ten instalments to pay entire outstanding amount along with interest accrued , interest of bank protected
[28/05, 13:57] Vinothpandian: 2015 (2) DRTC 748 : S Anandan & others vs state bank of india : loan contracted for poultry purposes , bank cannot charge interest at compound rate from date of suit , since it is borrowed for agricultural industrial purpose only ( sec 34 RDDBFI act 1993 )