The Debts Recovery Tribunal allowed an application for withdrawal of the mainstay because the parties reached an amicable settlement with interest deposited. The main stay and pending applications were disposed of as withdrawn.
I.A. No. 2524 of 2024 allowed and disposed of as withdrawn; main S.A. disposed of as withdrawn.
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-3, Kolkata Order Sheet (Continuation)
Case No. sA/27212022 M/s Sr!]tslrine Orre"seas Pvt' Ltd.& Ors. vs. state Bank of India & Anr.
| DateofOrder | Orderwithsignature |
|---|---|
| OrderNo,21 Dt.ltoS/2024 Sl.No.12 |
Present: ForAppiicant: ForDefendant Ms. JChowdhurywithMs,SSen,Ld. Counsels l4r. SRaywithSlvlahato,LdCounsels |
| som | Ldcounsel fortheRespondentfiledI A.No.2524of2024 praying forwithdrawalof themainS.A. The applicationissupportedby Affidavitofthe applicantMr.SatyajitChowdhury, Chief Managerof theRespondentBankDuringthependencyoftheS.A.thematter has beensettledwith theRespondent Bankand an amountofRs' 37 lakhplusdelayedinterestof Rs68,869/-aredepositedbythe applicant.RespondentEankisnotgoingtocontinuewiththe instantproceedingand hasissueda'NoDuesCertificate'dated fi/05/2o24.Sincethis isanamicablesettlementbetweenthe partiesandtheRespondentintendstowithdrawthemainS'A,no prejudicewillbecausedifthe I.A.isallowedwithoutinviting responsefrom otherside,Accordingly,theinstantl A isallowed andstands disposedofinthecategory ofdismissedas withdrawn as settledamicably.LA.No. 2523of2024 beingtheputup petation is also disposed of, |
| S.A. No. 272ot2022alongwith all otherpendingl.As,ifany,are disposedofaswithdrawn. File beconsignedtoRecord Roomafterobserving allformalities' |
|
| (KamalDe) Presiding Officer DRT-3,Kolkata |
M/s Sril Marine Overseas Pvt. Ltd.
State Bank of India
KamalDe
As recorded by the court registry
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