Applicant bank sought withdrawal of original application due to settlement. Tribunal allowed withdrawal, disposed of original application as settled, and ordered return of documents post-appeal period.
Allowed withdrawal of Original Application No.51/2022; disposed case as settled; ordered return of original documents after appeal period; directed refund of court fees.
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
| 17. Sr. |
08.20 No.23 |
22 OA No. 51/2022 |
|---|---|---|
| Classific ation |
No. of Exh. |
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| INTERLOCUTORY APPLICATION NO. 1100/2022 IN ORIGINAL APPLICATION No. 51/2022 State Bank of India ..Applicant Versus M/s. Sawji Cotton through its partners & others ..Defendants Mr. P.S. Agrawal – Advocate for the applicant. None for the defendants. The matter is taken through VC. |
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| 1. Mr. P.S. Agrawal, advocate for the applicant bank, requested to Registry for listing the matter through video conference due to Covid-19 situation as per extent guidelines. Thus, the matter is placed through Video Conference. 2. By this interlocutory application the applicant bank seeks permission of this Tribunal to withdraw the Original Application for an amount of Rs.2,17,59,900/- (Rupees Two Crore Seventeen Lacs Fifty-Nine Thousand Nine Hundred Only). The applicant submits that the matter is amicably settled between the parties under compromise for an amount ofRs.1,70,00,000/- (Rupees One Crore **Seventy Lacs only)**and the entire amount of settlement has been paid as full and final and account is closed. 3. 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. 4. The applicant has made out the case for withdrawal of the |
[SBJ]
(OA No.51/2022) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ]
(OA No.51/2022) Page 2 of 2
State Bank of India
M/s. Sawji Cotton
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
