Recognizing that full and final settlement was reached during pendency, the tribunal disposed of the service appeal as withdrawn and directed the bank to return title deeds to the applicant.
Bank directed to return title deeds to the applicant if not required for other purposes.
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.
DEBTS RECOVERY TRIBUNAL 1, KOLKATA
| Order Sheet | ||
|---|---|---|
| Case No. SA | 168/2022 MR N V PHANINDRUDU AND ANR –Vs- PUNJAB NATIONAL BA |
NK |
| Date of the Order |
Order with Signature | Office action with date and dated Signature of Parties when necessary |
| 18.1.202 4 (Sl. No. 28) |
Mr. Biswajit Mal. … For the Sarfaesi Applicant. |
|
| Ld. Advocate Mr. Biswajit Mal appears for the applicant and presses the withdrawal petition IA 2744 of 2023. In the above said application it was stated that the applicant has filed an application being aggrieved by the action of the bank. During pendency of the Recovery Proceedings there has been a settlement between the parties and the Bank has received full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by the Applicant and his signature is identified by Advocate on record. In view of this, no prejudice will be caused to the SA respondent if their response is dispensed with in this IA. This instant SA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled. Respondent Bank is directed to return the title deeds to the applicant ,if it is not required for other purpose. (Ambuja Mohan Das) Presiding Off icer ac |
DEBTS RECOVERY TRIBUNAL 1, KOLKATA
Office action with Date of date and dated Order with Signature Signature of the Order Parties whennecessary
1 provisions across 1 enactments
MR N V PHANINDRUDU AND ANR
PUNJAB NATIONAL BANK
Ambuja Mohan Das
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
