The Debts Recovery Tribunal allowed an order seeking withdrawal of the Original Application. The bank submitted that the debt was settled via One-Time Settlement and the account is closed, leaving no cause of action.
Original Application withdrawn; documents returned; court fees refunded; file consigned to Record Room.
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
| 22.07. Sr. No |
2025 .20 OA No. 413/2025 |
|
|---|---|---|
| Classifi cation |
No. of Exh. |
|
| ORDER BELOW I.A. Diary NO.1628/2025 IN ORIGINAL APPLICATION NO. 413/2025. Union Bank of India ..Applicant Versus M/s. Sai Prasad Traders. Prop. –Dinesh Shantaram shinde and four others. ..Respondents Ms. Anaggha Chipalunkar - Advocate for the applicant Bank. None for the respondents. |
||
| 1. The learned counsel appearing for the applicant bank has filed I.A. No.1628/2025 seeking withdrawal of this O.A. The learned counsel for the applicant submits that, this O.A. is filed for recovery of Rs. 98,01,918/-, and defendants repaid the amount as per OTS and the account is closed. Hence there remains no cause of action, therefore, applicant bank do not want to proceed further, and wants to withdraw |
||
| the Original Application. | ||
| 2. The counsel requests for return of the original documents and also refund of the court fees as per rules. 3. Heard. |
||
| 4. In view of the One-Time Settlement and deposit of the OTS amount by the defendants, I pass the following order. ORDER A. As the loan account of the borrowers has settled amicably |
[Ambadas] (OA No.413/2025) Page 1 of 1
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
under OTS scheme, the O.A. No. 413/2025 stands disposed of as withdrawn.
D. Consign the file to the Record Room.
(Dr. J.R. Chauhan) Presiding Officer Debts Recovery Tribunal, Aurangabad
[Ambadas] (OA No.413/2025) Page 2 of 1
Union Bank of India
Sai Prasad Traders
Dr. J.R. Chauhan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
