Disposed

Bank of Baroda v. Mr Debjit Gupta

DRT30 Aug 2023OA/586/2022

Case brief

AI extract

What is this about?

The Appellant filed a withdrawal application in the OA purports settlement where the Bank received Rs.15,10,000/- partial settlement of dues and sought withdrawal of the recovery proceedings before the Tribunal, where the Tribunal noted withdrawal and disposed of OA, and pending applications as withdrawn as settled, and no prejudice to respondents.

What did the court decide?

OA and pending IAs disposed of as dismissed as withdrawn as settled; withdrawal application allowed implicitly by disposal.

Bank of Baroda versus Mr Debjit Gupta — Banking and Recovery | DRT (2023)

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DEBTS RECOVERY TRIBUNAL 1, KOLKATA

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Page No.-	Order Sheet( continuation)
Case NO. OA IA/1664/202	/586/2022 3 BANK OF BARODA Vs. MR. DEBJIT GUPTA
Date of the order	Order with signature	Office action with date and dated signature of parties when necessary
30/08/202 3	Ld. Advocate, Ms. Papiya Dutta appears for the Applicant Bank and pressing the withdrawal petition, bearing application no. IA/1664/2023. In the above said application it was stated that the Applicant has filed a Recovery application for recovery of a sum of Rs.20,63,862.14/- 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. 15,00,000/- towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Mr. Prem Prakash, the Chief Manager of the Bank and his signature is identified by Advocate on record. 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 This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled.
	(Ambuja Mohan Das) Presiding Officer

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DEBTS RECOVERY TRIBUNAL 1, KOLKATA

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Bank of Baroda v. Mr Debjit Gupta

Case brief

What is this about?

What did the court decide?

Bank of Baroda v. Mr Debjit Gupta

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

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