Idbi Bank v. Ms Transco

IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI (BEFORE HON’BLE PRESIDING OFFICER) ORDER SHEET

04.04.2024 Sr. No.22

		OA No.293 of 2024
classifi -cation	No. of Exh.	IDBI Bank Vs. Ms Transco Chheda & Ors.
		Mr Kiran More – Advocate for the applicant. Ms Pamreichon Shimrah – officer of the applicant bank. Ms Aarti Suvarna – Advocate for defendants. Ms Heena Mukesh Chheda – defendant nos.1 and 2 present in person. Ms Nanbai K. Chheda – defendant no.3 present in person. Mr Mukesh Chheda – defendant no.4 present in person.
	7	1. The learned counsel for the parties has presented consent terms (exhibit-7), which is taken on record. 2. The parties have amicably settled the matter under the applicant’s OTS scheme, that is, IDBI Rinn Samadaan Scheme for Rs.61,81,458/-. The applicant’s officer,
		present in person, confirms the receipt of
		Rs.61,81,458/-. The defendants have given an
		undertaking in paragraph 8 stating that they shall not claim any relief against the applicant and waives legal rights against it. The statement and undertaking given
		by the defendants is accepted. Based on the consent
		terms, the Original Application No.293 of 2024 stands

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	disposed of. 3. The learned Registrar fees as per the Rules.	is directed to refund the court
		Sd/- Presiding Officer, DRT-2, Mumbai
Radhika