Disposed
Axis Bank v. Samya Saurabh
DRTOA/569/2024
Case brief
AI extract
What is this about?
Debts Recovery Tribunal dismissed Original Application IA/1346/2025 filed by Axis Bank Limited, as the applicant withdrew the petition after settling dues with respondents during pendency of proceedings.
What did the court decide?
The application was disposed of in the category of dismissed as withdrawn as settled; refund of court fee to be granted by Registrar.
What the court decided
AI extract
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DEBTS RECOVERY TRIBUNAL 1, KOLKATA
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| Page No.- | Order Sheet( continuation) | |
|---|---|---|
| Case NO. OA IA/1346/202 |
/569/2024 5 AXIS BANK LIMITED Vs. SAMYA SAURABH & ORS. |
|
| Date of the order |
Order with signature | Office action with date and dated signature of parties when necessary |
| 01/07/2025 | Ld. Advocate for the Applicant Bank appears and presses the withdrawal petition, bearing application no. IA/1346/2025. In the above said application it is stated that the Applicant has filed an Recovery application for recovery of a sum of Rs.30,72,837.00/- including interest and other reliefs. During pendency of the Recovery Proceedings there has been a settlement between the parties and the Bank has received Rs. 29,02,000/- towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Md. Zubair Muslim, the Authorized Representative of the Bank and his signature is identified by Advocate on record. Ld. Advocate for the Applicant Bank also prays for refund of application fee. In view of this, no prejudice will be caused to the OA defendants if their response is dispensed with in this IA. This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled. The Applicant Bank is entitled for refund of Court Fee in terms of the Rules for which the applicant may move before the Registrar of this Tribunal who may take decision in accordance with rules and regulations of the subject. (Ambuja Mohan Das) Presiding Officer |
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Rina S
Parties & counsel
AI extract
- applicant
AXIS BANK LIMITED
- respondent
SAMYA SAURABH & ORS.
Coram
AI extract
Ambuja Mohan Das
Case details
As recorded by the court registry
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