Idbi Bank v. Samadhan
Case brief
What is this about?
Debt Recovery Tribunal allowed withdrawal of Original Application No. 372/2022 filed by IDBI Bank against Samadhan Jagannath Patil et al., on account of full settlement and account closure between parties.
What did the court decide?
Original application withdrawn; title documents to be returned; file consigned to record room.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
| 30.08. Sr. No |
2023 .02 OA No. 372/2022 |
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|---|---|---|
| Classific ation |
No. of Exh. |
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| ORIGINAL APPLICATION NO. 372/2022 IDBI Bank ..Applicant Versus Samadhan Jagannath Patil & others ..Defendant Mr. A. S. Pathak - Advocate for the applicant-bank. None for the defendant. The matter is taken through Video Conference/ hybrid. 1. The learned counsel appearing for the applicant submits that the compromise took place between the parties and the entire amount of settlement has been paid as full and final settlement and account is closed. 2. The applicant therefore, seeks permission of this Tribunal to withdraw the Original Application. The applicant also seeks to return the original documents. 3. In view of the above, I pass the following order : ORDER A. The Original Application No.372/2022 stands disposed of as withdrawn. |
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| B. The original title documents, if any be returned to the Authorised Officer of the applicant bank as per rules. C. Consign the file to the Record Room. The parties may download the order from the official web-site. |
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| (Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[APK] (OA No.372/2022) Page 1 of 1
Issues for consideration
1 issue framed by the court
Whether pursuit of withdrawal of Original Application pending before Debt Recovery Tribunal can be permitted.
Parties & counsel
- appellant
IDBI Bank
- respondent
Samadhan Jagannath Patil
- respondent
others
Coram
Case details
As recorded by the court registry
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