Kotak Mahindra Bank Limited versus Mayank Chemiplast Private… — Banking and Recovery | DRT (2024)

Kotak Mahindra Bank Limited versus Mayank Chemiplast Private… — Banking and Recovery | DRT (2024)

IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI

(BEFORE HON’BLE PRESIDING OFFICER)

Sr. No.14

INTERLOCUTORY APPLICATION No.1192 of 2024

In

ORIGINAL APPLICATION

NO.705 of 2024

Kotak Mahindra Bank Ltd. … Applicant

Versus

Mayank Chemiplast Pvt. Ltd. & Ors. … Defendants

Mr Chetan Agrawal – Advocate for the applicant. None for defendants.

Shri Deepak M. Thakkar Presiding Officer, 10^th June 2024.

ORDER

The applicant’s counsel states that the defendants made the entire payment of Rs.3,13,06,904.73 and therefore, nothing is due and payable by the defendants to the applicant. The applicant requests the Tribunal to allow it to withdraw the Original Application. Permission granted. Interlocutory Application No.1192 of 2024 is allowed with no order as to costs.

Sd/-

(Deepak M. Thakkar) Presiding Officer, DRT-2, Mumbai

Nidhi

IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI

(BEFORE HON’BLE PRESIDING OFFICER)

ORDER SHEET

10.06.2024

Sr. No.14

		OA No.705 of 2024
classifi -cation	No. of Exh.	Kotak Mahindra Bank Vs. Mayank Chemiplast Pvt. Ltd. & Ors.
		Mr Chetan Agrawal – Advocate for the applicant. None for defendants.
		1. Order in I.A. No.1192 of 2024 passed separately. 2. In view of the order passed in I.A. No.1192 of 2024, Original Application No.705 of 2024 stands dismissed as withdrawn with no order as to costs. 3. The learned Registrar is directed to refund the court fess as per the Rules.
		Sd/- Presiding Officer, DRT-2, Mumbai

Nidhi