Honble Presiding Officer of DRT Aurangabad allowed Miscellaneous Application to withdraw Recovery Certificate No.139/2020 due to amicable settlement and full repayment by respondents, directing closure of recovery proceedings.
Miscellaneous Application No.66/2022 allowed; Recovery Proceeding No.139/2020 permitted to be withdrawn and directed to be closed.
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 TRIBUNAL,AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
| 27 Sr |
.09.202 . No.71 |
2 MA No.66/2022 |
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| Classifica tion |
No. of Exh. |
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| MISCELLANEOUS APPLICATION NO.66/2022 | ||
| Canara Bank(erstwhile Syndicate Bank) ..Applicant Versus Babu Mohan Bhil & others ..Respondents Mr. S. R. Deshpande – Advocate for the applicant bank. Advocate for the respondents. The matter is taken through Video Conference. 1. By this Misc. Application, the learned counsel for the applicant bank seeks permission of this Tribunal to withdraw the Recovery Certificate No.139/2020 issued in Original Application No.600/2018 as the account is amicably settled between the parties under One Time |
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| Settlement and the respondents have deposited of Rs.6,21,390/- (Rupees Six Lacs Twenty-One Thousand |
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| Three Hundred & Ninety only) and as such the loan account of the respondents had closed. 2. The applicant has made out the case for withdrawal of the Recovery Certificate as it is satisfied. 3. In view of the above, I pass the following order through Video Conference: ORDER |
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| A. Miscellaneous Application No.66/2022 is allowed. |
[SBJ] (MA No.66/2022) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
B. The Recovery Proceeding No.139/2020 is permitted to be withdrawn C. Copy of this order be sent to the learned Recovery Officer for information. D. The Recovery Officer is directed to close the Recovery Proceedings. E. The Recovery Officer may look into the factum with the original documents if in the file, the same shall be returned to the applicant bank as per procedure. F. Consign the file to the Record Room. (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad
[SBJ] (MA No.66/2022) Page 2 of 2
Canara Bank (erstwhile Syndicate Bank)
Babu Mohan Bhil & others
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
