The Hon'ble NCLT disposed of OA 170 of 2023 filed by Canara Bank against M/S. Superlaces Pvt Ltd as dismissed withdrawn upon amicable settlement where partial payment was made.
OA 170 of 2023 and pending IAs dismissed as withdrawn as settled.
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Order Sheet
| Case No. OA Date of the Order |
170 of 2023 CANARA BANK –VS- M/S. SUPERLACES PVT LTD AND ORS. Order with Signature |
Office action with date and dated Signature of Parties when necessary |
|---|---|---|
| 7.7.2025 (Sl. No. 16) |
Mr. S.P. Sarkar. … For the Applicant Bank. |
|
| The applicant bank has filed IA 1682 of 2025 praying for withdrawal of O.A. 170 of 2023 seeking recovery of Rs.75,87,724.00. During the pendency of the matter, the applicant and the defendant have arrived at a compromise and settled the dues of the applicant in the instant OA and have paid Rs.45,00,000.00 in full and final settlement of the outstanding dues. In view of the amicable settlement arrived at between the parties, the instant I.A. and all other pending I.As are disposed of along with O.A. 170 of 2023 in the category of dismissed as withdrawn as settled. The applicant bank is entitled for refund of court fees in terms of the Rules for which the applicant may move before the learned Registrar of this Tribunal who may take decision in accordance with rules and regulations of the subject. File be consigned to the record room. |
(Ambuja Mohan Das) Presiding Officer ac
2
1 issue framed by the court
Whether the original OA seeking recovery should be dismissed as withdrawn after settlement between parties.
CANARA BANK
M/S. SUPERLACES PVT LTD AND ORS.
Ambuja Mohan Das
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
