Yes Bank v. Samsuzzoha
Case brief
What is this about?
An order on an application for withdrawal of an appeal. The bank affirmed a settlement of dues and requested withdrawal of pending proceedings with refund of court fee.
What did the court decide?
Withdrawal of the original appeal in settlement with partial recovery of dues, refund of application fee.
What the court decided
DEBTS RECOVERY TRIBUNAL 1, KOLKATA
| Page No.- | Order Sheet( continuation) | |
|---|---|---|
| Case NO. OA IA/1725/202 |
/129/2024 4 YES BANK LIMITED Vs. SAMSUZZOHA SK. & ANR. |
|
| Date of the order |
Order with signature | Office action with date and dated signature of parties when necessary |
| 01/08/2024 | Ld. Advocate, Ms. Chaitali Acharjee appears for the Applicant Bank and presses the withdrawal petition, bearing application no. IA/1725/2024. In the above said application it is stated that the Applicant has filed a Recovery application for recovery of a sum of Rs.47,86,763.03/- including interest and other reliefs. During pendency of the Recovery Proceedings there has been a settlement between the parties and the Bank has received Rs. 22,24,000/- towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Mr. Biswadip Bhattacharjee, the Authorized Signatory of the Bank and his signature is identified by Advocate on record. Ld. Advocate for the Applicant Bank also prays for refund of application fee. In view of this, no prejudice will be caused to the OA defendants if their response is dispensed with in this IA. This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled. The Applicant Bank is entitled for refund of Court Fee in terms of the Rules for which the applicant may move before the Registrar of this Tribunal who may take decision in accordance with rules and regulations of the subject. (Ambuja Mohan Das) Presiding Officer |
Rina S.
Parties & counsel
- appellant
YES BANK LIMITED
- respondent
SAMSUZZOHA SK. & ANR.
Coram
Ambuja Mohan Das
Case details
As recorded by the court registry
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