Hdfc Bank v. Alok
Case brief
What is this about?
The Tribunal allowed an interlocutory application for withdrawal of an original debt recovery application after the applicant bank stated that dues were recovered via One Time Settlement. The application was dismissed, and orders to return documents and refund fees were passed.
What did the court decide?
Original Application No.249/2022 is dismissed; original documents may be returned after time for appeal/review expires; registry to refund court fee.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
| 22. Sr. |
11.20 No.41 |
22 OA No.249/2022 |
|---|---|---|
| Classific ation |
No. of Exh. |
|
| INTERLOCUTORY APPLICATION NO.1508/2022 IN ORIGINAL APPLICATION No.249/2022 HDFC Bank ..Applicant Versus Alok Jaiprakash Maheshwari & others ..Defendants Mr. Shrikishan S. Shinde – Advocate for the applicant. None for defendants The matter is taken through VC. 1. By this interlocutory application the applicant bank seeks permission of this Tribunal to withdraw the Original Application for an amount of Rs.72,34,790/- (Rupees Seventy-Two Lacs Thirty-Four Thousand Seven Hundred Ninety Only). The applicant submits that the matter is amicably settled between the parties under One Time Settlement scheme and the entire amount has been paid as per settlement and account is closed. 2. The applicant therefore, seeks permission of this Tribunal to withdraw the Original Application. The applicant also seeks return of original documents and refund of the court fees. 3. The applicant has made out the case for withdrawal of the original application, return of original documents and refund of the court fees. |
[SBJ] (OA No.249/2022) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
Issues for consideration
2 issues framed by the court
Whether permission to withdraw the original recovery application due to settlement should be allowed.
Whether original documents and court fees should be refunded after withdrawal.
Parties & counsel
- applicant
HDFC Bank
- respondent
Alok Jaiprakash Maheshwari & others
Coram
Vimal Gupta
Case details
As recorded by the court registry
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