Disposed
Bank of India v. Mahesh Kumar
DRTOA/634/2022
Case brief
AI extract
What is this about?
Debts Recovery Tribunal dismissed the main application and connected interim application as withdrawn when the bank received the full settlement amount and issued a no dues certificate.
What did the court decide?
The main application (O.A. No. 634 of 2022) and an interim application are disposed of as withdrawn and settled amicably.
What the court decided
AI extract
¶1
Debts Recovery Tribunal-3, Kolkata Order Sheet (Continuation)
¶2
Case No. OA/634l2022 Bank of India vs. Mah€sh KumarRathi
¶3
| DateofOrder | Orderwithsignature | Signatureof |
|---|---|---|
| OrderNo. ot,7/72/2023 Sl.No,1 |
Present: ForApplicant:p,r.A Dutta alongwithNls PChoudharyand MssChakraborty,LdCounsels ForDefendant:None |
|
| som | LdCounselfor theApplicantfiledI.A.No,2463ot2023inO A. No.634of2022inviewofthe factthat theO A.wasfiled seeking recoveryofRs.1,72,00,453.89/-andprayedfor withdrawal ofthepresentO.A.DuringthependencyoftheO.A thedefendant havepaidtheupfrontmoneytotheApplicant Eankinordertoregularizehisaccount andaftermakingpart payment,theloanaccountoftheDefendant hasturnedinto performing assets. Theapplicantbank has realizedandreceived thesettled amountandissued'NoDues Certificate'dated 25/0412023 and madeprayertodisposeof thematterfornon prosecution.Thereisnootherimpedimentifprayerisso allowed. Accordinqly,LA,N02463ot2023isdisposedofas withdrawn as settledamicably.I.ANo2462 beingtheputup petitionisalsodisposed of, TheApplicantisdirectedtoreturn the originalTitleDeedtothe O.A.defendantsifitisnotalreadyreturnedwithin15 daysfrom thedateofthisorder. O,A.No. 634of2022alongwith allpendingI.A.s,ifany,are dismissedaswithdrawnassettled amicably. File beconsignedtoRecord Room, 1ramaiD"e ) PresidingOfficer DRI-3,Kolkata |
Parties & counsel
AI extract
- applicant
Bank of India
- respondent
Mahesh Kumar Rathi
Coram
AI extract
Rakesh Ranjan Dhar
Case details
As recorded by the court registry
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