Santosh Kanoria and Anr. v. the Authorised Officer of Cholamandalam Investment and Finance Co. Ltd.
DRTSA/968/2022
A compact analysis
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.
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| OrAerSneet(continuation) | |
|---|---|
| CaseNo. sN96Al202 |
2 santoshKanoria&Anr'vs'Cholamandalam inr.stment&Finance Co'Ltd' |
| Orderwithsignature | |
| orderNo.03 dated01.122023 Sl. No.16 |
Ldcounsel applicantbank. LdcounselMr.RajeevMaitialongwith appearsforrespondent bank' ApplicanthasmovedI'A'3229of2023prayingfor withdrawalof themainS.A.The IA issupportedbyan affidavit affirmedbyMr'SantoshKanoria'directorofthe applicantcomPanY Ldcounselfortheapplicantsubmitsthatduringthe pendency oftheS.A.OneTimesettlementhas beenarrived at betweentheparties andtheentire amountwas depositedby theapplicantandrespondentbankisnotgoingtocontinue theinstantproceeding.Sincethisisanamicable settlement betweenthepartiesandapplicant intendstowithdrawthe main S.A.,no prejudicewillbe causediftheI A'is allowed' Ldcounselforrespondentbank alsoconfirmsthatthe respondentbank has receivedthe settlement amount' AccordinglyinstantI.Ais allowed and stands disposedofin thecategoryofdismissedaswithdrawnas amicablysettled' s.A.No.968of2022alongwithall otherpending1Asare disposedofaswithdrawn' File beconsignedtorecordafter observingallformalities' (KAMT.L-DE) PRESIDINGOFFICER DRT-III,KOLKATA Ms.ArpitaAdakappearsfortheSarfaesi Ms.KuheliDeb |