Allowed

Maharashtra Gramin Bank v. Eknath Shingare

DRT27 Sept 2022MA/69/2022

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal, Aurangabad allowed an application by Maharashtra Gramin Bank to withdraw Recovery Certificate No.93/2020. This order resulted from the amicable settlement of the loan account and the respondents' deposit of Rs.24,03,580/-.

What did the court decide?

Miscellaneous Application No.69/2022 allowed; Recovery Certificate No.93/2020 withdrawn; Recovery Proceedings closed.

Maharashtra Gramin Bank versus Eknath Shingare — Execution and Attachment | DRT (2022)

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IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET

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27 Sr	.09.202 . No.67	2 MA No.69/2022
Classifica tion	No. of Exh.
		MISCELLANEOUS APPLICATION NO.69/2022 Maharashtra Gramin Bank ..Applicant Versus Eknath s/o Kisan Shingare & others ..Respondents Mr. J. R. Kalyankar – 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.93/2020 issued in Original Application No.1040/2018 as the account is amicably settled between the parties under One Time
		Settlement and the respondents have deposited of
		Rs.24,03,580/- (Rupees Twenty-Four Lacs Three Thousand
		Five Hundred and Eighty only) against the claim of Rs.36,04,478/- 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:

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[SBJ] (MA No.69/2022) Page 1 of 2

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IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET

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ORDER
A. Miscellaneous Application No.69/2022 is allowed.
B. The Recovery Proceeding No.93/2020 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withdrawn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

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[SBJ] (MA No.69/2022) Page 2 of 2

Maharashtra Gramin Bank v. Eknath Shingare

Case brief

What is this about?

What did the court decide?

Maharashtra Gramin Bank v. Eknath Shingare

Case brief

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What did the court decide?

What the court decided

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