A Debts Recovery Tribunal order allowed an interim application for withdrawal of a main order because of a settlement between the parties. The matter was disposed off as withdrawn and settled amicably.
IA allowed; main petition O.A. No.192/2023 and other pending I.As disposed off as withdrawn.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)
| CaseNo.OAl1 | 92/2023 IndianBankvs.M/s.Priya Garments &Ors. |
|---|---|
| Date of Order | Orderwithsignature |
| OrderNo.06 pt.27.03.2025 Sl.No.23 |
Present: ForApplicant:Ld. Counsel Mr.Subi.Bera ForDefendant:None |
| sh | lNl422/2O25is taken upforhearing. Heard Ld.counselfor theapplacant bank, Considered. Noneappearsfor thedefendants. |
| LdCounselfortheApplicantfiledI.A.No.1422of2025 prayingforwithdrawalofthemainO.A,Theapplicationis supported byAffidavit of theapplicantlYr. ShashiKant.During thependencyoftheO.A.the matterhas beensettledwiththe RespondentBankandtheRespondentBankisnotgoingto continuewith theinstantproceedingandhas issueda'NoDues Certificate'.Sincethisisanamicablesettlementbetween the parties andtheApplicant intendstowithdrawthemainO.A.,no prejudicewillbecausediftheI.A.isallowedwithoutinviting responsefromotherside.Accordingly,theinstantI.A.is allowed and standsdisposedofbeing dismissedaswithdrawnas settled amicably. |
|
| O.A, No.192of2023 alongwith all otherpendingI.A.s, ifany,isdisposedofaswithdrawn. FilebeconsignedtoRecord Roomafterobservingall formalities. |
|
| (KamalDe) PresidingOfficer DRT-3, Kolkata |
Indian Bank
M/s. Priya Garments & Ors.
KamalDe
As recorded by the court registry
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