Dismissed

Union Bank of India v. Artlink Utility Pvt. Ltd. and Ors.

DRT15 Mar 2024OA/556/2022

Case brief

AI extract

What is this about?

On the application of Union Bank of India for withdrawal of an ongoing complaint, the Debt Recovery Tribunal ordered the matter to be disposed of as settled amicably and directed the bank to return title deeds.

What did the court decide?

The application was disposed of as withdrawn and settled; original title deeds to be returned to defendants within 15 days if not already done.

Union Bank of India versus Artlink Utility Pvt. Ltd. and Ors. — Company and Corporate | DRT (2024)

¶1

Debts Recovery Tribunal-3, Kolkata Order Sheet (Continuation)

¶2

CaseNo. OAl5	56/20 Union BankofIndia ArtlinkUtil Pvt. Ltd. &Ors.
DateofOrder	Orderwithsignature
OrderNo.06 Dt.15.03.202r1 Sl.No.16	Present: ForApplicanl:Ld.CounseJI'lunlvlunDubey ForDefendantiNone
ss	LdCounselfor theApplicantfiledI.A.No.970of2024invjewof the fact that theO.A was fitedseekingrecoveryof Rs.32,21,O74/-andprayedforwithdrawatof thepresentO.A. The applicattonissupportedby affidavitofMr.AnshuGhosh, Chref Managerof theappltcantBank. DuringthependencyoftheO.A.thedefendanthave compromised andsettled the matterand the Applicant Bankhas realizedandreceivedthesettled amountandissuedthe^,No DuesCertificate'andmade prayertodisposeofthe matterfor nonprosecution. Thereisno otherimpedimentifprayer isso allowed.Accordingly,LA.No.970of2024isdisposedofas withdrawnand settled amicably.
	TheApplicant is directedtoreturn the originalTiUe Deedtothe O.A. defendants,lf itisnotalready done,within15days from thedate ofthlsorder.
	O.A.No. 556ot2022alongwithapendingLA.s,ifany,are dismissedaswithdrawnassettled amicably. FlebeconsgnedtoRecord Roomafterobservinq all fornralities. (KafialDe) PresrdrngOfficer DRT-3,Kokala

Union Bank of India v. Artlink Utility Pvt. Ltd. and Ors.

Case brief

What is this about?

What did the court decide?

Union Bank of India v. Artlink Utility Pvt. Ltd. and Ors.

Case brief

What is this about?

What did the court decide?

What the court decided

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