Hdfc Bank v. Kivi Markings
Case brief
What is this about?
Debts Recovery Tribunal allowed an interlocutory application for withdrawal of an original recovery application after amicable settlement and permission granted to withdraw the original application.
What did the court decide?
Permission to withdraw Original Application NO.580 of 2023 granted; application allowed with no order as to costs; court fees to be refunded.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI
(BEFORE HON’BLE PRESIDING OFFICER)
Sr. No.14
INTERLOCUTORY APPLICATION No.1893 of 2023 In ORIGINAL APPLICATION NO.580 of 2023
HDFC Bank
… Applicant
Versus Kivi Marking & Ors. … Defendants
Ms Kunjita Shah i/b M/s. I V Merchant & Co. – Advocates for the applicant.
None for defendants.
Shri Deepak M. Thakkar Presiding Officer, 3rd October 2023.
ORDER
- The parties have amicably settled the recovery dispute for the amount in the sum of Rs.25.50 lakhs as set out in the application. Ms Shah drew the Tribunal’s attention to the additional affidavit (exhibit-8) stating that the court fees of Rs.51,000/- is paid by the applicant. The applicant’s counsel therefore, requested the Tribunal to grant permission to withdraw the Original Application. Permission granted.
Parties & counsel
- applicant
HDFC Bank
- respondent
Kivi Marking & Ors.
Coram
Deepak M. Thakkar
Case details
As recorded by the court registry
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