In an arbitration reference, the Debts Recovery Tribunal, Lucknow held that the applicant's Special Application became infructuous as the respondent bank accepted full dues and cancelled the sale. The Tribunal directed the bank to return the original title deed.
Direction to the respondent bank to return the original title deed.
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IN THE DEBTS RECOVERYTRIBUNAL LUCKNOW
Present: A. H. Khan, Presiding Officer
Date of order 20.7.2022
In
S.A. No. 58 of 2022
S1. No. 102
Present:-
Ld. Counsel for the applicant Ld. Counsel for the resp. bank
Mr. M. Dixit Mr. V. Shanker
Counsel for the respondent bank stated that borrowerhad deposited the entire dues of the bank and accordingly the bank had cancelledthe sale. No cause of action remained in this S.A.
Heard the counsel for the parties. Since the accounthas been closedand nothing remained for adjudication. Thepresent S.A.has become infructuous. Bank is directed to return the original title deed if not requiredfor an purposes.
Let the file be consigned to record.
H. Khan) Officer
Applicant
Respondent Bank
A. H. Khan
As recorded by the court registry
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