This miscellaneous application allowed the State Bank of India to withdraw its recovery proceeding as the loan account was amicably settled and closed via a One Time Settlement.
Miscellaneous Application No.76/2022 allowed; Recovery Proceeding No.29/2014 permitted to be withdrawn and closed.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
22.11.2022
| Sr | . No.0 | 7 MA No.76/2022 |
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| Classific ation |
No. of Exh. |
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| MISCELLANEOUS APPLICATION No.76/2022 State Bank of India ..Applicant Versus M/s. Bharat Enterprises through Proprietor Mr. Mohd. Hanif Gul Mohammad Thekiya & another. ]..Respondents Mrs. A.B. Karadkhedkar - Advocate for the applicant. None 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.29/2014 issued in Original Application No.115/2012 as the account is amicably settled between the parties under One Time Settlement and the respondents have deposited of Rs.6,93,111/- (Rupees Six Lacs |
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| Ninety-Three Thousand One Hundred and Eleven only) and as such the loan account of the respondents have been 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.76/2022 is allowed. |
[SBJ] (MA. No.76/2022) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
F. Consign the file to the Record Room.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad
[SBJ] (MA. No.76/2022) Page 2 of 2
State Bank of India
M/s. Bharat Enterprises through Proprietor Mr. Mohd. Hanif Gul Mohammad Thekiya
another
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
