Dismissed
Federal Bank v. Lakhmi Saha
DRTOA/115/2022
Case brief
AI extract
What is this about?
Debts Recovery Tribunal disposed of an operating appeal as withdrawn when the applicant bank settled dues with respondents during proceedings.
What did the court decide?
The operating appeal and any other pending IAs dismissed as withdrawn as settled; applicant bank directed to seek refund of court fee from Registrar.
What the court decided
AI extract
¶1
DEBTS RECOVERY TRIBUNAL 1, KOLKATA
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| Page No.- | Order Sheet( continuation) | |
|---|---|---|
| Case NO. OA IA/2076/202 |
/115/2022 3 THE FEDERAL BANK LIMITED Vs. LAKHMI SAHA & O |
RS. |
| Date of the order |
Order with signature | Office action with date and dated signature of parties when necessary |
| 05/10/2023 | Ld. Advocate, Ms. Farida Yasmin appears for the Applicant Bank and pressing the withdrawal petition, bearing application no. IA/2076/2023. In the above said application it was stated that the Applicant has filed a Recovery application for recovery of a sum of Rs.1,22,76,121.20/- including interest and other reliefs. During pendency of the Recovery Proceedings there has been a settlement between the parties and the Bank has received Rs. 95,00,000/- towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Mr. Rajib Lochan Mohanty, the Assistant Vice President & Branch Head, LCRD/Kolkata Division of the Bank and his signature is identified by Advocate on record. Ld. Advocate for the Applicant Bank also prays for refund of application fee. In view of this, no prejudice will be caused to the OA defendants if their response is dispensed with in this IA. This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled. The Applicant Bank is entitled for refund of Court Fee in terms of the Rules for which the applicant may move before the Registrar of this Tribunal who may take decision in accordance with rules and regulations of the subject. File be consigned to the record room. |
|
| (Ambuja Mohan Das) Presiding Officer |
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RC
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DEBTS RECOVERY TRIBUNAL 1, KOLKATA
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RC
Parties & counsel
AI extract
- applicant
THE FEDERAL BANK LIMITED
- respondent
LAKHMI SAHA & ORS.
Coram
AI extract
Ambuja Mohan Das
Case details
As recorded by the court registry
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