The Debts Recovery Tribunal allowed the bank applicant to withdraw the original application for recovery as the loan account had been amicably settled under the One Time Settlement scheme upon receipt of the entire amount.
Original Application No. 496/2022 was disposed of as withdrawn; original documents to be returned and court fees refunded.
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
| 08.08. Sr. No |
2025 .49 OA No. 496/2022 |
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|---|---|---|
| Classifi cation |
No. of Exh. |
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| ORIGINAL APPLICATION NO. 496/2022. Bank of Baroda ..Applicant V/s. M/s Hake Medical and General Stores Through its Proprietor Mr. Siddhant Vijayrao Hake and Ors. ..Respondents Mr. Satyajit Rajendra Vakil . - Advocate for the applicant. None for the respondents. 1. The learned counsel for the applicant bank filed IA Diary |
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| No.6455/2025 and requested for withdrawal of this OA. Counsel for applicant has submitted that the present original application has filed against defendants for recovery. Meanwhile, defendants had approached the applicant bank with a proposal under OTS. The entire amount has been received by the bank and the account is closed as settled on |
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| 01/07/2024. Hence applicant bank do not want to proceed further and wants to withdraw the Original Application. |
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| 2. The counsel requests for return of the original documents and also refund of the court fees as per rules. 3. Heard. |
[Ambadas] (OA No.496/2022) Page 1 of 1
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
| 4. In view of the amicable settlement of loan account under |
|---|
| OTS, I pass the following order. |
| ORDER |
| A. As the loan accounts are settled amicably under OTS |
| scheme, the O.A. No. 496/2022 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| withdrawn.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.496/2022) Page 2 of 1
Bank of Baroda
M/s Hake Medical and General Stores
Dr. J.R. Chauhan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
