Disposed

Encore Assets Reconstruction Company Private Limited v. Ambarwadikar Infrastructure Limited

DRT17 Mar 2023MA/15/2023

What the court decided

AI extract

Outcome

Withdrawal of original application permitted; court fees refunded to applicant bank.

Encore Assets Reconstruction Company Private Limited… — Civil Procedure and Limitation | DRT (2023)

IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET

17. Sr.	03.202 No.45	3 MA No.15/2023
Classifica tion	No. of Exh.
		MISCELLANEOUS APPLICATION NO.15/2023 Encore Asset Reconstruction Company ..Applicant Versus Ambarwadikar Infrastructure Ltd. & others ..Respondents Mr. R.A.Totla – Advocate for the applicant. The matter is taken through Video Conference. 1. The Misc. Application is filed for permission for withdrawal of the Original Application no. 184 of 2022 and refund of the court fees.
		2. The learned counsel for the applicant-FI submits that the account is settled under OTS and the respondents have paid the settlement amount and the applicant-FI has issued No Dues Certificate on 14^thOctober, 2022. 3. After perusal of the record it seems that the Original Application no. 184 of 2022 is already disposed of as withdrawn on 13^thDecember, 2022. 4. In view of the above, I pass the following order: ORDER A. The Misc. Application No.15/2023 is hereby disposed of. B. Registry is directed to refund the courts fees to the applicant bank in Original Application no. 184/2022 as per rules.
		C. In the final order dated 13^thDecember, 2022 passed in Original Application No.184/2022 inadvertently instead of Original Application no.184/2022, Securitisation application no. 184/2022 has been written it stands corrected. D. File be consigned to the record room. The parties may download the order from the official web-site.
		(Vimal Gupta) Presiding Officer, Debts Recovery Tribunal, Aurangabad

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