The single judge allowed an application for withdrawal of special arbitration appeals under the SARFESI owed success consideration. One-time settlement was available债务人。
IA No. 2346 of 2023 allowed; SA No. 373 of 2022 and all pending I.As dismissed as withdrawn.
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| Order Sheet( continuation) | ||
|---|---|---|
| Case No. SA/373/20 |
22 M/s Joy Bhawani Trading Co. & Anr. Vs. Bank o |
f Baroda |
| Date of Order |
Order with signature | Office action with date and dated signature of parties when necessary |
| 18/01/2024 rc |
Ld counsel Mr. Biswajit Mal appears for the Sarfaesi applicant. Applicant has moved I.A. 2346 of 2023 praying for withdrawal of the main S.A. The I.A. is supported by an affidavit affirmed by the applicant. Ld counsel for the applicant submits that during the pendency of the S.A. One Time settlement has been arrived at between the parties and the applicant bank has issued ‘No Dues Certificate” on 11.01.2023. Accordingly instant I.A.No. 2346 of 2023 is allowed and stands disposed of in the category of dismissed as withdrawn as amicably settled. IA No.2345 of 2023 is disposed of as a put up. S.A. No. 373 of 2022 along with all other pending I.As are disposed of as withdrawn. File be consigned to record. (AMBUJA MOHAN DAS) PRESIDING OFFICER DRT-I, KOLKATA |
M/s Joy Bhawani Trading Co. & Anr.
Bank of Baroda
Ambuja Mohan Das
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
