Partly allowed

State Bank of India v. M/S Kritika Jatri Nibas Alias Kritika Niwas and Anr.

DRT19 Feb 2024OA/207/2022

Case brief

AI extract

What is this about?

This order in the Debt Recovery Tribunal at Kolkata disposes of an interim application supporting withdrawal of the main proceedings. The bank recovered the settled amount, issued a No Dues Certificate, and sought non-prosecution. The court allowed the withdrawal, directed return of title deed, and dismissed the main order as settled amicable.

What did the court decide?

Application 2831 of 2023 disposed of as withdrawn/settled; O.A. No. 207 of 2022 dismissed as withdrawn/settled; Applicant to return original Title Deed within 15 days.

State Bank of India versus M/S Kritika Jatri Nibas Alias… — Banking and Recovery | DRT (2024)

¶1

Debts Recovery Tribunal-3, Kolkata Order Sheet (Continuation)

¶2

Case No, OAl2o7 12022 state Bank of India vs. M/s Kritika Jatri^{Nibas and Anr'}

¶3

Dateof order	Orderwithsignature
OrderNo. Dt.19I02/2024 Sl.No.24	Present: ForApplicant:Ms.^lYSharma,LdCounsel ForDefendant:None
	LdCounselfor theApplicantfiledI.A.No.2831^{of 2023in viewof} the factthat theO.A.wasfiled^{seeking recoveryofRs} 30,?7,411/- and^prayedforwithdrawalofthe^{present O.A.The} application is supported byaffidavit^{oflYs.S Gangopadhyay, Chief} Ivlanageroftheapplicant Bank.During^{thependencyoftheO.A.} the defendanthave compromised^{andsettledthematter andthe} applicant bankhas realizedand^{receivedthesettled amountand} issuedthe'NoDuesCertificate'and^{made prayertodisposeofthe} matterfornon^{prosecutionThere}is^{no otherimpediment if} prayerissoallowed.Accordingly,I.A^{No. 2831of2023is} disposedofaswithdrawn^{assettled amicably.}
	The Applicant is directed^{torcturn theoriginalTitleDeedtothe} o.A.defendants^{ifitisnotalready returnedwithin15days from} thedate ofthis^order.
	O.A. No. 207^{of2022,alongwithallpendingI A s,ifany,are} dismissedas^{withdrawnassettled amicably'} Filebeconsigned^{toRecord Roomafterobserv]lS-all formalities'}
	(KamalDe) PresidingOfficer DRT-3,Kolkata

State Bank of India v. M/S Kritika Jatri Nibas Alias Kritika Niwas and Anr.

Case brief

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State Bank of India v. M/S Kritika Jatri Nibas Alias Kritika Niwas and Anr.

Case brief

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What the court decided

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