Hdfc Bank v. Mohammad
Case brief
What is this about?
The applicant Bank moved an application to withdraw its original recovery application due to a settlement reached during pendency proceedings. The Tribunal allowed withdrawal and dismissed the pending application.
What did the court decide?
Application for withdrawal of the recovery proceedings was allowed; pending application disposed of as withdrawn.
What the court decided
DEBTS RECOVERY TRIBUNAL 1, KOLKATA
| Page No.- | Order Sheet( continuation) | |
|---|---|---|
| Case NO. OA IA/552/2023 |
/405/2022 HDFC BANK LIMITED Vs. MOHAMMAD IRFAN AND O |
RS. |
| Date of the order |
Order with signature | Office action with date and dated signature of parties when necessary |
| 11/04/202 3 |
Ld. Advocates, Ms. Mekhala Kanji & Ms. Gitasree Chattopadhyay appear for the Applicant Bank and pressing the withdrawal petition, bearing application no. IA/552/2023. In the above said application it was stated that the Applicant has filed an Recovery application for recovery of a sum of Rs.30,59,242.92/- 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. 14,55,000/- towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Mr. Arnab Gangopadhyay, the Authorize Representative 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 This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled.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. IA/551/2023 is moved which is a put up application. Since the record is put up, the IA/551/2023 is disposed of. (Ambuja Mohan Das) Presiding Officer |
AD
DEBTS RECOVERY TRIBUNAL 1, KOLKATA
Parties & counsel
- applicant
HDFC BANK LIMITED
- petitioner
MOHAMMAD IRFAN AND ORS.
Coram
Ambuja Mohan Das
Case details
As recorded by the court registry
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