The DRAT allowed the withdrawal of an outstanding application by IDBI Bank Limited due to a completed settlement between the parties and full and final recovery of dues.
Outstanding application IA/906/2024 disposed of along with the withdrawal petition. Original OA dismissed as withdrawn as settled.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
DEBTS RECOVERY TRIBUNAL 1, KOLKATA
| Page No.- Case NO. OA IA/907/2024 |
Order Sheet( continuation) /369/2023 IDBI BANK LIMITED Vs. PRAN KUMAR MITRA & AN |
R. |
|---|---|---|
| Date of the order |
Order with signature | Office action with date and dated signature of parties when necessary |
| 09/05/2024 | Ld. Advocate, Ms. Gunja Pachisia appears for the Applicant Bank and presses the withdrawal petition, bearing application no. IA/907/2024. In the above said application it is stated that the Applicant has filed a Recovery application for recovery of a sum of Rs.22,87,707.00/- including interest and other reliefs. During pendency of the Recovery Proceedings there has been a settlement between the parties and the Bank has received the entire settlement amount under OTS towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Mr. Gaurav Garg, the Authorized Representative 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 This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled.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/906/2024 is moved which is a put up application. Since the record is put up, the IA/906/2024 is disposed of. (Ambuja Mohan Das) Presiding Officer |
AC
IDBI BANK LIMITED
PRAN KUMAR MITRA & ANR
Ambuja Mohan Das
As recorded by the court registry
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