Dismissed

Icici Bank Limited v. Rajesh Kumar

DRT2 Sept 2024OA/55/2024

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal disposed of an original appeal and other pending applications as dismissed as withdrawn because the applicant bank settled the dues of Rs. 5,20,000/- with the respondents and sought withdrawal of the recovery application.

What did the court decide?

Original Appeal and other pending IAs dismissed as withdrawn as settled. Applicant bank granted refund of application fee.

Icici Bank Limited versus Rajesh Kumar — Banking and Recovery | DRT (2024)

¶1

DEBTS RECOVERY TRIBUNAL 1, KOLKATA

¶2

Page No.-	Order Sheet( continuation)
Case NO. OA IA/2041/202	/55/2024 4 ICICI BANK LIMITED Vs. RAJESH KUMAR SINGH &	ANR.
Date of the order	Order with signature	Office action with date and dated signature of parties when necessary
02/09/2024	Ld. Advocates, Mr. Avishek Guha, Ms. Ritika Pal and Ms. Shreyasi Sen, appear for the Applicant Bank and press the withdrawal petition, bearing application no. IA/2041/2024. In the above said application it is stated that the applicant has filed a recovery application for recovery of a sum of Rs.64,68,980.00/- including interest and other reliefs. During pendency of the recovery proceedings there has been a settlement between the parties and the Bank has received Rs. 5,20,000/- towards full and final settlement of the dues. Hence, they do not want to proceed with the case.
	This application is affirmed by Mr. Shamim Aslam, the authorized representative of the Bank and his signature is identified by advocate on record. Learned 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 This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled.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 learned Registrar of this Tribunal who may take decision in accordance with rules and regulations of the subject. (Ambuja Mohan Das) Presiding Officer

¶3

¶4

DEBTS RECOVERY TRIBUNAL 1, KOLKATA

¶5

Icici Bank Limited v. Rajesh Kumar

Case brief

What is this about?

What did the court decide?

Icici Bank Limited v. Rajesh Kumar

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Parties & counsel

Coram

Case details

Similar cases

Ms Debnath Capital Prop Nepal Chandra Debnath versus Bank of Baroda

Prabhat Kumar Gupta and Ors. versus Icici Bank Limited

Standard Chartered Bank versus Krishna Trading Company

Ms a H Mallick Agro Services and Cold Storage Pvt. Ltd. versus Punjab National Bank

Idbi Bank versus Mr Pushpal Roy

Axis Bank versus M/S E- World Techlife Pvt. Ltd.