Disposed

Hdfc Bank v. Chandra Shekhar Yadav

DRT23 Apr 2024OA/37/2023

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal disposed of the recovery proceedings and the withdrawal application as settled after the bank received a partial payment and confirmed withdrawal. A refund of court fee was permitted case law, but the judgment does not specify the case law. The bank is permitted to seek a refund.

What did the court decide?

Proceedings and withdrawal application disposed as withdrawn as settled; bank permitted to move Registrar for refund of court fee.

Hdfc Bank versus Chandra Shekhar Yadav — Banking and Recovery | DRT (2024)

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DEBTS RECOVERY TRIBUNAL 1, KOLKATA

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Page No.-	Order Sheet( continuation)
Case NO. OA	/37/2023 HDFC BANK LIMITED Vs. CHANDRA SHEKHAR YAD	AV AND
IA/851/2024	MUNNI DEVI
Date of the order	Order with signature	Office action with date and dated signature of parties when necessary
23/04/2024	Ld. Advocates, Ms. Mekhala Kanji Biswas and Ms. Suparna Biswas appear for the Applicant Bank and press the withdrawal petition, bearing application no. IA/851/2024. In the above said application it is stated that the Applicant has filed a Recovery application for recovery of a sum of Rs.80,56,166.18/- 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. 15,00,000/- towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Ms. Ashiana Siddiquee, the Manager of the Bank and her signature is identified by Advocate on record. Ld. Advocate for the Applicant Bank also prays for refund of application fee. 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 This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled. The Applicant Bank is entitled for refund of Court Fee in terms of the Rules for which the applicant may move before the Registrar of this Tribunal who may take decision in accordance with rules and regulations of the subject. IA/850/2024 is moved which is a put up application. Since the record is put up, the IA/850/2024 is disposed of.
	(Ambuja Mohan Das) Presiding Officer

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Hdfc Bank v. Chandra Shekhar Yadav

Case brief

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Hdfc Bank v. Chandra Shekhar Yadav

Case brief

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