Dismissed
Axis Bank v. Dr Saubhik Sengupta
DRTOA/315/2022
Case brief
AI extract
What is this about?
Debts Recovery Tribunal disposed of two applications as dismissed due to withdrawal of a withdrawal petition under a settlement, and disposed of a put-up application.
What did the court decide?
The instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled.
What the court decided
AI extract
¶1
DEBTS RECOVERY TRIBUNAL 1, KOLKATA
¶2
| Page No.- | Order Sheet( continuation) | |
|---|---|---|
| Case NO. OA IA/2123/202 |
/315/2022 4 AXIS BANK LTD. Vs. DR. SAUBHIK SENGUPTA & OR |
S. |
| Date of the order |
Order with signature | Office action with date and dated signature of parties when necessary |
| 20/09/2024 | Ld. Advocates, Mr. R. Maity and Ms. K. Deb appear for the Applicant Bank and press the withdrawal petition, bearing application no. IA/2123/2024. In the above said application it is stated that the Applicant has filed a Recovery application for recovery of a sum of Rs.32,25,368.24/- 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. 21,25,000/- towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Md. Zubair Muslim, the Authorised Signatory of the Bank and his signature is identified by Advocate on record. 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 This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled. IA/2122/2024 is moved which is a put up application. Since the record is put up, the IA/2122/2024 is disposed of. |
|
| (Ambuja Mohan Das) Presiding Officer |
¶3
Rina S.
Parties & counsel
AI extract
- petitioner
AXIS BANK LTD.
- respondent
DR. SAUBHIK SENGUPTA & OR
Coram
AI extract
Ambuja Mohan Das
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court