An Interlocutory Application under the SARFAESI Act was disposed of by consent. The applicant did not press for a Recovery Certificate, agreeing to approach the Tribunal on default. The application stands disposed with no order to costs.
Application disposed of with no order as to costs; original documents to be returned.
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IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI
(BEFORE HON’BLE PRESIDING OFFICER)
ORDER SHEET
01.02.2024
Sr. No.92
| OA No.200 of 2022 | ||
|---|---|---|
| classifi -cation |
No. of Exh. |
ICICI Bank Ltd. Vs. Samir Das |
| 1. The matters at Sr. No.1 to 81 and 96 to 100 matters were taken up. Cause List in respect of matters at Sr. Nos.82 to 95 stands discharged and deferred to the next date. 2. Interim order, if any, to continue till next date. |
||
| 3. For hearing (ex-parte), stand-over to 18thMarch, 2024. |
||
| Later on, | ||
| 4. Mr Allan David i/b M/s. MZM Legal LLP, representing the applicant and Ms Nitu Kaur i/b Mr Kaustubh, representing the defendants, mentioned the matter stating that the parties have already filed the consent terms on 17thJanuary 2024 (exhibit-12). The learned counsel for the applicant submits that he does not press for the issuance of the Recovery Certificate at this stage and shall approach the Tribunal in case he defaults. |
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| 5. The learned counsel for the parties drew the Tribunal’s attention to prayer clause 21(a) stating that the amount of Rs.69,85,751/- with interest at the rate of 24% per annum is payable from 25thApril 2022 till |
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| payment/realization. The | amount is payable by the |
|---|---|
| defendant to the applica | nt on or before 28thJuly |
| 2024. Based on the state | ment made by the learned |
| counsel for the parties, | Interlocutory Application |
| No.200 of 2022 stands dis | posed of with no order as |
| to costs. | |
| 6. The learned Registrar is | directed to (i) refund the |
| court fees and (ii) return | the original documents as |
| per the Rules. | |
| Pre DR |
Sd/- siding Officer, T-2, Mumbai |
Nidhi
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ICICI Bank Ltd.
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
