The Praetorian Bench dismissed the bank recovery proceedings as withdrawn and settled. Following settlement and full payment of dues, the Respondent Bank was directed to return the mortgaged title deeds to the Applicant.
Return the title deeds to the Applicant, as they are not required by the Bank for other purposes.
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| Page No.- | Order Sheet( continuation) | |
|---|---|---|
| Case NO. SA | /145/2025 SRI SANTANU DEBNATH Vs CHOLAMANDALAM INVESTMENT AND FINANCE C |
O. LTD |
| Date of the order |
Order with signature | Office action with date and dated signature of parties when necessary |
| 19/09/202 5 |
Ld. Advocate Ms. Anindita Maity appears for the Applicant and pressing the withdrawal petition IA/2113/2025 along with put up petition IA/2112/2025. In the above said application it was stated that the Applicant has filed an application being aggrieved by the action of the bank. During pendency of the Recovery Proceedings there has been a settlement between the parties and the Bank has received full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by the Applicant and his signature is identified by Advocate on record. Ld. Advocate for the Applicant also prays for direction upon the Bank for return of title deed. |
|
| In view of this, no prejudice will be caused to the SA Respondent if their response is dispensed with in this IA. This instant SA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled. Respondent Bank is directed to return the title deeds to the Applicant ,if it is not required for other purpose. (Ambuja Mohan Das) Presiding Officer |
(Sne)
Sri Santanu Debnath
Cholamandalam Investment and Finance Company Ltd
Ambuja Mohan Das
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
