The Debt Recovery Tribunal dismissed the appeal and other pending applications as withdrawn by the Appellant Bank, which settled dues of Rs. 11,15,000/- during pendency. The Tribunal also directed the refund of court fee.
Disposed OA and pending IAs as dismissed as withdrawn; refunded court fee.
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DEBTS RECOVERY TRIBUNAL 1, KOLKATA
| Page No.- | Order Sheet( continuation) | |
|---|---|---|
| Case NO. OA IA/557/2023 |
/584/2022 HDFC BANK LIMITED Vs. VINOD KUMAR PROPRIETOR OF M/S. MADAN TRADING CORPORAT |
SURANA ION |
| Date of the order |
Order with signature | Office action with date and dated signature of parties when necessary |
| 28/08/202 3 |
Ld. Advocate, Ms. Mekhala Kanji appears for the Applicant Bank and pressing the withdrawal petition, bearing application no. IA/557/2023. In the above said application it was stated that the Applicant has filed a Recovery application for recovery of a sum of Rs.26,28,733.28/- 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. 11,15,000/- towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Ms. Asha Mehta, the Authorize Representative of the Bank and her 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 This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled.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. (Ambuja Mohan Das) Presiding Officer |
AD
HDFC Bank Limited
Vinod Kumar
Ambuja Mohan Das
As recorded by the court registry
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