The Debt Recovery Tribunal disposed of an Original Application and a plea, dismissing them as withdrawn and settled after the applicant bank received full settlement from the respondent following the filing of a recovery application.
Proposed recovery proceedings withdrawn; Original Application and related pleas dismissed as withdrawn and settled.
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DEBTS RECOVERY TRIBUNAL 1, KOLKATA
| Page No.- | Order Sheet( continuation) | |
|---|---|---|
| Case NO. OA IA/1339/202 |
/15/2024 4 YES BANK LIMITED Vs. SUSHIL KUMAR YADAV AN KUMAR YADAV |
D ANIL |
| Date of the order |
Order with signature | Office action with date and dated signature of parties when necessary |
| 27/06/2024 | Ld. Advocate, Ms. Mekhala Kanji appears for the Applicant Bank and presses the withdrawal petition, bearing application no. IA/1339/2024. In the above said application it is stated that the Applicant has filed a Recovery application for recovery of a sum of Rs.32,73,026.22/- 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. 16,08,389.66/- 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 Senior Manager 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 This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled.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. IA/1338/2024 is moved which is a put up application. Since the record is put up, the IA/1338/2024 is disposed of. |
|
| (Ambuja Mohan Das) Presiding Officer |
Rina S.
DEBTS RECOVERY TRIBUNAL 1, KOLKATA
Rina S.
Yes Bank Limited
Sushil Kumar Yadav
Ambuja Mohan Das
As recorded by the court registry
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