Disposed

Housing and Urban Development Corporation Ltd. v. Gaya Regional Development Authority

DRT3 Aug 2023MA/104/2023

Case brief

AI extract

What is this about?

This order dismissed a miscellaneous application seeking withdrawal of a recovery certificate. The court allowed the withdrawal after finding the underlying matter compromised and amount received, dismissing the RC as withdrawn.

What did the court decide?

The Miscellaneous Application was allowed; Recovery Certificate no. 134 of 2002 was dismissed as withdrawn.

Housing and Urban Development Corporation Ltd. versus Gaya Regional… — Arbitration | DRT (2023)

¶1

•

¶2

Date of order or proceeding 03.08.2023

¶3

DEBTS RECOVERY TRIBUNAL, PATNA
Order with the Signature of the Court	Office action taken with dar,
MA 104of 2023
This Miscellaneous Application has been filed by applicant seeking permission to withdraw the RC no. 134of2002 in OA no.86 of2001. It is stated therein that the matter has been compromised and the said amount has been received by the applicant bank. This application is supported by an affidavit of ShriSatya Narayan Gupta, Senior Manager, Hudco to substantiate the contents of the application. Under the circumstances, the MA stands allowed and RC no.134 of 2002 is dismissed as withdrawn. No order as to costs. Original documents, if any lying with the Tribunal be returned to the applicant bank as per rule. Consigned the record. A Copy of order be sent to the parties and Ld. Recovery Officer for necessary action.
Order to be uploaded on the Tribunal's website Patna (Kaushalendra Yadav) Presiding Officer

Housing and Urban Development Corporation Ltd. v. Gaya Regional Development Authority

Case brief

What is this about?

What did the court decide?

Housing and Urban Development Corporation Ltd. v. Gaya Regional Development Authority

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Parties & counsel

Coram

Case details

Similar cases

Canara Bank versus Messers Samsung Electronics

Meghalaya Rural Bank versus Shri Christerfils Shira Cajee

State Bank of India versus M/S Nara Technologies Pvt. Ltd.

Hdfc Bank versus M/S Dacsh Trading Company

Mandeep Singh Kals versus Iifl Home Finance Limited

Sunil Kumar versus Indian Bank (Allahabad Bank)