Disposed

Debasish Biswas v. State Bank of India

DRT24 Jul 2023SA/241/2022

Case brief

AI extract

What is this about?

This order allowed an interim application for withdrawal of the main special application (SA). The applicant and the State Bank of India had reached a One Time settlement, and the applicant deposited the entire amount. The court disposed of the main SA and all other pending interim applications as withdrawn amicably settled.

What did the court decide?

Withdrawal of main Special Application No. 241 of 2022 and all other pending Interim Applications allowed as they were withdrawn amicably settled.

Debasish Biswas versus State Bank of India — Banking and Recovery | DRT (2023)

¶1

	Order Sheet( continuation)
Case No. SA/241/20	22 Debasish Biswas Vs. State Bank of India
Date of Order	Order with signature	Office action with date and dated signature of parties when necessary
24/07/2023 15/tsm	Ld counsel for Sarfaesi applicant and ld counsel for respondent bank are present. Applicant has moved I.A. 1428 of 2023 by put up being I.A. 1427 of 2023 praying for withdrawal of the main S.A. The I.A. is supported by an affidavit affirmed by the applicant. Ld counsel for the applicant submits that during the pendency of the S.A. One Time settlement has been arrived at between the parties and entire amount was deposited by the applicant. Ld counsel for respondent bank submits that respondent bank is not going to continue the instant proceeding. Since this is an amicable settlement between the parties and applicant intends to withdraw the main S.A., no prejudice will be caused if the I.A. is allowed without inviting response from other side. Accordingly instant I.A. is allowed and stands disposed of in the category of dismissed as withdrawn as amicably settled. S.A. No. 241 of 2022 along with all other pending I.As are disposed of as withdrawn. File be consigned to record. (AMBUJA MOHAN DAS) PRESIDING OFFICER DRT-I,KOLKATA

Debasish Biswas v. State Bank of India

Case brief

What is this about?

What did the court decide?

Debasish Biswas v. State Bank of India

Case brief

What is this about?

What did the court decide?

What the court decided

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