The Tribunal disposed of O.A. 93 of 2024 filed by Indian Bank against Aright Aqua Solution Pvt Ltd seeking recovery. The matter was settled amicably, dues were paid, and bank issued a No Due Certificate, leading to dismissal as withdrawn by mutual consent.
O.A. 93 of 2024 and all other pending I.As disposed of as dismissed as withdrawn as settled.
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.
Order Sheet
| Case No. O | A 93 of 2024 INDIAN BANK -VS- ARIGHT AQUA SOLUTION PVT LTD |
|
|---|---|---|
| Date of the Order |
Order with Signature | Office action with date and dated Signature of Parties when necessary |
| 7.8.2025 (Sl. No. 9) |
Ms. Mousumi Pal. … For the Applicant Bank. |
|
| The applicant bank has filed IA 2180 of 2025 praying for withdrawal of O.A. 93 of 2024 seeking recovery of Rs.3,29,13,589/-. During the pendency of the matter, the applicant and the defendant have arrived at a compromise and settled the dues of the applicant in the instant OA and have paid OTS amount in full and final settlement of the outstanding dues and the bank has issued ‘No Due Certificate’. In view of the amicable settlement arrived at between the parties, the instant I.A. and all other pending I.As are disposed of along with O.A. 93 of 2024 in the category of dismissed as withdrawn as settled.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 learned Registrar of this Tribunal who may take decision in accordance with rules and regulations of the subject. File be consigned to the record room. |
||
| (Ambuja Mohan Das) Presiding Officer ac |
INDIAN BANK
ARIGHT AQUA SOLUTION PVT LTD
Ambuja Mohan Das
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
