This settlement order by the Debts Recovery Appellate Tribunal at Kolkata allowed a joint submission by counsel for the appellant and respondent that the matter was settled, resulting in the dismissal of Appeal No. 238 of 2017.
The appeal was allowed to be dismissed based on a settlement submission; pending inquiries closed and interim orders vacated.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Appeal No. 238 of 2017 (Arising out of S.A. 60 of 2016 in DRT, Cuttack)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
02.03.2023 Sumanta Sahu … Appellant -VsAuthorised Officer Indian Bank & 4 Others … Respondents
Mr. Samik Basu, Learned Counsel for Appellant
Mr. Soudip Pal Choudhury with Ms. Saswati Sikder, Learned Counsel for Respondent
THE APPELLATE TRIBUNAL :
Mr. Samik Basu, Learned Counsel for Appellant as well as Mr. Soudip Pal Choudhury, Learned Counsel for Respondent Bank jointly submit that the matter has been settled.
In view of the above submission, the appeal, being Appeal No. 238 of 2017, is dismissed.
Pending I.A.s, if any, also stand closed.
Interim orders, if any, stand vacated.
Copy of the order be supplied to Appellant and the Respondents and a copy be also forwarded to the concerned DRT.
File be consigned to Record room.
Order dictated, signed, dated and pronounced in open Court.
(Anil Kumar Srivastava,J) Chairperson
Dated: 2nd March, 2023 21/ac
Sumanta Sahu
Authorised Officer Indian Bank & 4 Others
Anil Kumar Srivastava
As recorded by the court registry
7 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
