Dismissed

Hdfc Bank v. Girdharilal Bhatia

DRT13 Jun 2023OA/445/2023

Case brief

AI extract

What is this about?

The Tribunal allowed the interlocutory application to withdraw the original recovery application after the parties amicably settled the matter, with the defendants paying the claim amount and closing the loan account. The original application was then dismissed as withdrawn.

What did the court decide?

The interlocutory application to withdraw the original application was allowed; the original application was dismissed as withdrawn.

Hdfc Bank versus Girdharilal Bhatia — Banking and Recovery | DRT (2023)

¶1

IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI

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(BEFORE HON’BLE PRESIDING OFFICER)

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Sr. No.2

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INTERLOCUTORY APPLICATION No.965 of 2023

¶5

¶6

ORIGINAL APPLICATION NO.445 of 2023

HDFC Bank Ltd.

… Applicant

Versus

Mr Girdharilal Bhatia & Ors.

¶11

… Defendants

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Mr Anuj Jain i/b M/s. Wadia Ghandy & Co. – Advocates for the applicant.

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Shri Deepak M. Thakkar Presiding Officer, 13^th June 2023.

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ORDER

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The applicant seeks the Tribunal’s permission to withdraw the Original Application stating that the parties have amicably settled the matter. The defendants have paid the amount in the sum of Rs.3,50,00,000/- in full and final satisfaction of the applicant’s claim and has closed the loan account. The learned counsel seeks the Tribunal’s permission to withdraw the Original Application. Permission granted.

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Interlocutory Application No.965 of 2023 is allowed with no order as to costs.

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Sd/-

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(Deepak M. Thakkar) Presiding Officer, DRT-2, Mumbai

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Nidhi

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IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI

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(BEFORE HON’BLE PRESIDING OFFICER)

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ORDER SHEET

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13.06	.2023
Sr. N	o.2	OA No.445 of 2023
classifi- cation	No. of Exh.	HDFC Bank Ltd. Vs Mr Girdharlal Bhatia & Ors.
		Mr Anuj Jain i/b M/s. Wadia Ghandy & Co. – Advocates for the applicant.
		1. Order in I.A. No.965 of 2023 passed separately. 2. In view of the order passed in I.A. No.965 of 2023, Original Application No.445 of 2023 stands dismissed as withdrawn with no order as to costs. 3. The learned Registrar is directed to refund the court fees as per the Rules.
		Sd/- Presiding Officer, DRT-2, Mumbai

¶24

Nidhi

Hdfc Bank v. Girdharilal Bhatia

Case brief

What is this about?

What did the court decide?

Hdfc Bank v. Girdharilal Bhatia

Case brief

What is this about?

What did the court decide?

What the court decided

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