Applicant sought permission to withdraw the Securitisation Application due to an amicable settlement under the Maha Sahyog Yojana. The Tribunal allowed the application and disposed of the main matter by video conference.
Permission to withdraw the Securitisation Application granted; the application disposed of.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
| 17. Sr. |
05.20 No.0 |
23 5 SA No. 384/2022 |
|---|---|---|
| Classific ation |
No. of Exh. |
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| INTERLOCUTORY APPLICATION NO. 696/2023 IN SECURITISATION APPLICATION No. 384/2022 Shivaji Ashru Potphode ..Applicant Versus Bank of Maharashtra ..Respondent/s Mr. P.S. Gaikwad – Advocate for the applicant. Mr. A.A. Mishra – Advocate for the respondent(s). The matter is taken through VC. 1. By this interlocutory application the applicant seeks permission of this Tribunal to withdraw the Securitisation Application. The applicant submits that the matter is amicably settled between the parties under One Time Settlement Scheme under the Head of Maha Sahyog |
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| Yojana 2022-23 for an amount ofRs.11,00,000/- (Rupees | ||
| Eleven Lacs only) alongwith other charges as per OTS sanction letterand the entire amount of settlement has been paid as full and final and account is closed. 2. The applicant therefore, seeks permission of this Tribunal to withdraw the Securitisation Application. 3. The applicant has made out the case for withdrawal of the securitisation application. |
[SBJ]
(SA No.384/2022) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ]
(SA No.384/2022) Page 2 of 2
Shivaji Ashru Potphode
Bank of Maharashtra
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
