The Debts Recovery Tribunal allowed the withdrawal of the borrower's OA regarding a settled loan account, ordered the return of original documents and refund of court fees.
Award: Withdrawal of O.A. 322/2022; return of original documents to the Bank; refund of court fees.
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.
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
| 18.09. Sr. No |
2025 .15 |
OA No. 322/2022 |
|
|---|---|---|---|
| Classifi cation |
No. of Exh. |
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| State M/s. partn Mr. P None 1. |
ORIGINAL APPLICATION NO.322/2022. Bank of India ..Applicant V/s. Aurangabad Trade Centre Through its ers and Ors. ..Respondents awan S. Agrawal - Advocate for the applicant. for Respondents. The learned counsel for the applicant bank filed IA Diary No.2135/2025 and submitted that the applicant bank had |
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| filed present proceedings for recovery of amount of | |||
| Rs.54,17,753/- from defendant, and during the pendency of matter the respondents had deposited entire amount of with interest and had closed the loan account. As the respondents had deposited entire amount with interest, hence there is |
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| nothing to be recovered from respondents. The applicant | |||
| bank has issued no dues certificate, hence applicant bank do not want to proceed further and wants to withdraw the |
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| Original Application. | |||
| 2. | The applicant bank requests for return of the original | ||
| documents and also for refund of the court fees as per rules. |
[Ambadas] (OA No.322/2022) Page 1 of 1
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
| 3. Heard. |
|---|
| 4. In view of the amicable settlement of loan account under OTS, I pass the following order. ORDER |
| A. As the loan account is settled under OTS, and nothing |
| remains to be paid, hence the O.A. No. 322/2022 stands disposed of as withdrawn. |
| B. The original documents, if any filed be returned to the Authorised Officer of the applicant bank as per rules. |
| C. The Court fees be refunded as per rules and as per the orders passed by the Hon’ble Bombay High Court. D. Consign the file to the Record Room. (Dr. J.R. Chauhan) Presiding Officer Debts Recovery Tribunal, Aurangabad |
[Ambadas] (OA No.322/2022) Page 2 of 1
Bank of India
Aurangabad Trade Centre
Dr. J.R. Chauhan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
