Disposed

State Bank of India v. Sri Ratan Chakraborty and Anr.

DRT16 Jun 2025OA/423/2024

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal disposed of an Original Application and related interim applications as withdrawn. The cause was settled amicably; the bank received the money and issued a No Dues Certificate. The applicant was directed to return the title deed.

What did the court decide?

O.A. No. 423 of 2024 and connected I.A.s disposed as withdrawn and settled. Applicant directed to return title deed within 15 days.

State Bank of India versus Sri Ratan Chakraborty and Anr. — Banking and Recovery | DRT (2025)

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Debts Recovery Tribunal-3, Kolkata Order Sheet (Continuation)

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Case No. OA/423l 2024

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CaseNo.OA/4	23l2024 State BankofIndia SriRatan Chakra & Anr.
	Orderwithsiqnature
OrderNo.03 pt.16.06.2025 S l.No.2o	Present: ForApplicant:Ld. Counsel G.ChattopadhyayforPoetry Dutta ForOefendantrNone A/2394/25istakenupforhearing. HeardLd.counsel appearingfor ApplicantBank. Considered. Noneappearsfrom theside oftheDefendant.
55	O.A. No.423of2024alongwathallpendinqI.A.s, ifany, isdisposedofaswithdrawnbeingsettledamicably. FilebeconsignedtoRecord Roomafterobservingall formalities. LdCounselfortheApplicantfiledI.A.No. 2398of2025in viewofthefactthattheO.Awhich wasfitedseeking recoveryofRs.23,92,001/- is settled andhas prayed for withdrawalofthepresentO.A.Theapplicationis supportedbyaffldavitofSri ltukeshKumar Sinha,Chief l4anager ofthe applicantBank. DuringthependencyoftheO.A.,thedefendantshave compromisedand settledthematterandtheAppljcant Bank hasrealizedandreceivedthesettled amountand issuedthe 'NoDues Certificate'andmadeprayerto disposeofthematterfornonprosecution.Thereisno other impediment if prayeris soallowed. TheApplicanthas alsofiledthesameIAseekingrefundof 50o/oof thecourtfees.AsfarasrefundofCourtfeeis concerned,hemay approach beforetheLd.Registrarwho willtakeappropriate decisioninthematterasperextant rules. Accordingly,I.A.No.2398of 2025is disposedofas withdrawnand settledamicably.LA.No. 2396of2025 beingtheputuppetitionisalsodisposedof. TheApplicant is directedtoreturntheoriginalTitleDeed to theO.A.defendants,ifitis notalreadydone,within15 daysfrom the date of this order,asper rules.
	(KamalDe) PresrdingOfficer DRT-3, Kolkata

State Bank of India v. Sri Ratan Chakraborty and Anr.

Case brief

What is this about?

What did the court decide?

State Bank of India v. Sri Ratan Chakraborty and Anr.

Case brief

What is this about?

What did the court decide?

What the court decided

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