The Debts Recovery Tribunal, Kolkata, disposed of an original application and associated interim applications as dismissed due to withdrawal and settlement between the Bank of India and the respondents, closing the loan account.
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DEBTS RECOVERY TRIBUNAL 1, KOLKATA
| Page No.- Case NO. OA IA/1989/202 |
Order Sheet( continuation) /135/2023 4 BANK OF INDIA Vs. M/S. RIKU AGENCY & ORS. |
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| Date of the order |
Order with signature | Office action with date and dated signature of parties when necessary |
| 05/09/2024 | Ld. Advocates, Mr. Soumen Kr. Roy & Mr. Samar Banik appear for the Applicant Bank and press the withdrawal petition, bearing application no. IA/1989/2024. In the above said application it is stated that the Applicant has filed a Recovery applicationand the total dues is Rs.43,55,000/- including interest and other reliefs.During pendency of the Recovery Proceedings there has been a settlement between the parties and the Bank has receivedRs. 5,50,000/-towards full and final settlement of the duesand the Loan Account has been closed on 11.07.2024. Hence, they do not want to proceed with the case. This application is affirmed by Mr. Gyan Kamal, the Senior Branch Manager of the Bank and his signature is identified by Advocate on record. |
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| 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 This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled. (Ambuja Mohan Das) Presiding Officer |
AC
Bank of India
M/S. Riku Agency & Ors.
Ambuja Mohan Das
As recorded by the court registry
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