Application for recovery from loan defaults was withdrawn as the debt was fully settled under the bank's One Time Settlement (OTS) scheme before the Tribunal intervened.
Application disposed of as withdrawn; original documents and court fees directed to be returned/refunded.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
| 26.08. Sr. No |
2025 .17 |
OA No. 934/2024 |
|
|---|---|---|---|
| Classifi cation |
No. of Exh. |
||
| ORIGINAL APPLICATION NO.934/2024. |
|||
| Bank Shri Ors. Mr. V None 1. |
of Baroda ..Applicant V/s. Nimba Sitaram Chaudahri and Seven ..Respondents akil Satyajit R. - Advocate for the applicant. for Respondents. The learned counsel for the applicant bank filed pursis and requested for withdrawal of this OA and submitted that during the pendency of the Original Application borrower has approached applicant bank under OTS Scheme for settlement, and entire loan accounts are closed by paying |
||
| amount of OTS. Hence applicant bank do not want to | |||
| proceed further and wants to withdraw the Original | |||
| Application. | |||
| 2. 3. |
The applicant bank requests for return of the original documents and also for refund of the court fees as per rules. Heard. |
||
| 4. | In view of the amicable settlement of loan account under | ||
| OTS, I pass the following order. |
[Ambadas] (OA No.934/2024) Page 1 of 1
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
ORDER A. As the loan account is settled amicably under OTS, the O.A. No. 934/2024 stands disposed of as withdrawn.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.934/2024) Page 2 of 1
Bank of Baroda ors.
Nimba Sitaram Chaudahri and Seven Others
Dr. J.R. Chauhan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
