Biplab Naskar and Anr. v. Uco Bank
Case brief
What is this about?
Allowed I.A. withdrawing main appeal as the underlying dispute was amicably settled with deposit of Rs. 25,00,000/-; disposed of main S.A. and pending LAs.
What did the court decide?
Instant I.A. allowed and stands disposed of as amicably settled; S.A. No.985 of 2022 and other pending LAs disposed of as withdrawn.
What the court decided
DEBTS RECOVERY TRIBUNAL.3, KOLKATA
| OrderStreEt1 continuation) | |
|---|---|
| CaseNo. sA/gBs/2c |
.22 Biplabwal*araAnr.Vs. ucogankEanr. |
| Orderwithsignature | |
| Dt.17.10.2023 Sl.No.19 |
LdcounselMs. Susmita CiratraOortyappearsE-tire Sarfaesi applicant. ApplicanthasmovedI.A.2Bg7of 2023 prayingfor withdrawalofthemain S.A.TheLA,issupportedbyan affidavit affirmedbythe applicant.Noduecertificatedated 10,10.2023issued bytherespondent bankisannexedas Annexure totheinstantI.A. Ldcounselfortheapplicant submitsthatduring the pendency oftheS.A.the matterhas beensetfledwiththe respondent bank andentiresetUementamountof Rs.25,00,000/-was deposited bytheapplicantand respondentbank js notgoing tocontinuetheinstant proceeding.Sincethisisan amicablesetflementbetween the parties and respondentbank intendstowithdrawthemain S.A., no prejudicewillbe causedif the I.A.isallowedwithout invitingresponsefrom otherside. Accordingly instantI.A.isallowed and stands disposedof beingwithdrawnasamicably settled. S.A.No,985of2022alongwithallotherpendingLAsare disposedofaswithdrawn. File beconsignedtorecord room afterobservingall formalities. (KamalDeJ Presiding Officer DRT-3,Kolkata |
Parties & counsel
- applicant
Biplabwara
- respondent
Uogankar
Coram
Kamal De
Case details
As recorded by the court registry
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