Disposed
Union Bank of India v. Indira Industries Limited
DRTOA/314/2022
What the court decided
AI extract
Outcome
Disposed
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CONTD. ORDE R.SHEET
PAGE No
CASE No
| OATE | DESCRIPTIONOFTHE ORDER | REMARK |
|---|---|---|
| oA314t22 27/07/23 |
Appticantby ShriShreyasDubey, Advocate NonefortheDefendants CounselfortheAppticant BankhasfitedJoint Appticationforwithdrawatofthecaseand refund of FeelA3040123dated24108/23 supportedwiththe AffidavitofShriManojKumarSoni, ChiefManager, andShriVirendraJain,DirectorofDefendantNo.-'1. ItisstatedthattheApplicant-Bank hasfitedthe present OAforrecoveryofRs. 9,92,66,420.98and otherreliefsagainsttheDefendants.ltisfurther statedthatduringthependencyofthe0Aamicabte setttementhasbeenarrived atbetween the Appticant andtheDefendantstherebytheDefendantshad depositedentiresettlementamountofRs. 7,03,14,5591-underOneTimeSettlementScheme andtheBank has atso issuedsettlementCertificate on28/02123.TheCounselforAppticantsubmitsthat theBankfurtherpraysforwithdrawatof thepresent oA. |
|
| ConsideringtheJointApptication andthesubmission madebytheCounselforAppticantthatthe Defendantshave depositedthe entirecompromise amountofRs.7,03,14,559/-towardsfutlandfinal settlementofthedues,thepresentOAstands disposedofaswithdrawn.Theregistryofthis Tribunalisdirectedtorefund25%of theCourtFeeto theApplicant-Bank.Recordbeconsignedtothe recordroom. 5 b Patet) re officer n m |
As recorded by the court registry
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