The Tribunal allowed the applicant bank's application to withdraw the debt recovery petition as the defendants had settled the account and paid Rs.33,35,255/- in full and final settlement, closing the matter.
Withdrawal of Original Application No.413/2024 allowed; account closed; return of original documents and refund of court fees ordered.
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.
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
| 12.06 Sr. N |
.2024 o.15 OA No. 413/ 2024 |
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|---|---|---|
| Classifi cation |
No. of Exh. |
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| Interlocutory Application No.860/2024 IN ORIGINAL APPLICATION NO.413 of 2024 Union Bank of India ..Applicant Versus Ms/ Shailesh Krishi Seva Kendra A partnership firm and others ..Defendants |
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| Mr. K.D. Pande - Advocate for the applicant. The matter is taken through Hybrid. |
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| 1. By this Interlocutory Application No.860/2024 the learned counsel appearing for the applicant-bank seeks permission of this Tribunal to withdraw the Original |
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| Application submitting that the defendants had compromised the matter and settled their account under compromise for Rs.33,35,255/- (Rupees Thirty-Three Lacs Thirty-Five Thousand Two Hundred and Fifty-Five |
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| only) as full and final payment / settlement and they | ||
| have paid the same to the applicant bank and as such the account is closed. The applicant bank do not want to proceed further. He requests for withdrawal of the original application with liberty to file fresh OA in case the defendant make default in repayment of the loan facility availed by him. |
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| 2. The counsel requests for return of the original documents |
[SBJ] (OA No.413/2024) Page 1 of 2
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ] (OA No.413/2024) Page 2 of 2
Union Bank of India
Ms/ Shailesh Krishi Seva Kendra A partnership firm and others
Vimal Gupta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
