Allowed

State Bank of India v. MD Ali Kabban

DRT6 Aug 2022MA/57/2022

Case brief

AI extract

Debts Recovery Tribunal allowed an application to withdraw an order as it has been compromised and settlement amount received by the applicant bank.

Miscellaneous Application allowed; Recovery Course no. 687 of 2019 dismissed as withdrawn.

AI extract

Date ~tt:rder ~r procet:ding

ate ~tt:rder r procet:ding	DEBTS RECOVERY TRIBUNAL, PATNA Order with the Signature of the Court
06.08.2022	This Miscellaneous Application has been filed by applicant seeking permission to withdraw the RC no. 687 of2019 in OA no.996 of2018. MA 57 of2022 State Bank of India Vs Md. Ali Kabban Present: Shri Sanjesh Prasad ld. counsel for the applicant None for the respondent. Itis stated therein that the matter has been compromised and the settlement amount has been received by the applicant bank. This application is supported by an affidavit of Shri Shashi Ranjan Choudhary, Chief Manager; SARB, Patna which substantiates the contents of the application. It is also supported by a copy of letter dated 14.12.2021 address to Shri Sanjesh Prasad ld. counsel for the applicant bank with instructions to withdraw the OA in question. Under the circumstances, the MA stands allowed and RC no.687 of 2019 is dismissed as withdrawn. No order as to costs. Original documents, if any lying with the Tribunal be returned to the applicant bank as per rule. Consigned the record.
	A Copy of order be sent to the parties and Ld. Recovery Officer for necessary action.
	Order be uploaded on the Tribunal's website. Patna (Kaushalendra Yadav) Presiding Officer

Office action
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