Hdfc Bank v. M/s Shree Motors
Case brief
What is this about?
The Tribunal allowed the interlocutory application after the applicant and defendant amicably settled the matter. Permission was granted to withdraw the original application, which was subsequently dismissed as withdrawn.
What did the court decide?
Permission to withdraw the original application granted and the original application dismissed as withdrawn.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI
(BEFORE HON’BLE PRESIDING OFFICER)
Sr. No.27
INTERLOCUTORY APPLICATION No.260 of 2024 In ORIGINAL APPLICATION NO.435 of 2022
HDFC Bank
… Applicant
Versus
M/s. Shree Motors … Defendant
Mr Meghnath Navlani – Advocate for the applicant. None for defendant.
Shri Deepak M. Thakkar Presiding Officer,th February 2024.
ORDER
- The parties have amicably settled the matter for an amount in the sum of Rs.61,36,599.45. Upon receipt of the amount, the applicant closed the loan account and requests the Tribunal to grant permission to withdraw the Original Application. Permission granted.
Parties & counsel
- appellant
HDFC Bank
- respondent
M/s. Shree Motors
Coram
Deepak M. Thakkar
Case details
As recorded by the court registry
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