Disposed

Ms Redeagale Infrastructure Pvt. Ltd. and Ors. v. Punjab and Sind Bank

DRT22 May 2025SA/184/2024

Case brief

AI extract

What is this about?

Debts Recovery Tribunal allowed an interim application for withdrawal of the main original application after the parties settled the matter amicably, directing the bank to provide a No Dues Certificate.

What did the court decide?

Interim application allowed and disposed of as withdrawn and settled amicably; Respondent bank directed to provide No Dues Certificate and original Title Deed within 15 days.

Ms Redeagale Infrastructure Pvt. Ltd. and Ors. versus Punjab… — Banking and Recovery | DRT (2025)

¶1

Debts Recovery Tribunal-3, Kolkata Order Sheet (Continuation)

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M/s. Redeagale lnfrastructure^{Pvt.Ltd. & Ors.}

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CaseNo.SA/1	a4l 2024 M/s.Redeagalelnfrastructure^Pvt.Ltd Vs. b& Sind Bank	^{.& Ors.}
DateofOrder	Orderwithsignature	!!!9!sary
OrderNo.08 pt.22.05.2025 S l.No.26	Present: ForApplicant:Ld. CounselPritamModak& PreetiSahu ForDefendant:None
	1A/2259/25 istakenupforhearing. HeardLd.counselforSAApplicant. Considered.
	Noneappearsfor theRespondent8ank.
ss	Ld.Counselfor theSA ApplicantfiledI.A.^{No.2259of2025} prayingforwithdrawalofthemaanS.A, Theapplication^rs supported byAffidavit of the applicantMs.Iqoumita^DasDurrng the^pendencyoftheS.A.the matter^{hasbeensettledwiththe} RespondentBankandtheRespondentEankisnot^goingto continuewith theinstant^proceedinqandhasissueda^'NoDues Certificate'.Sincethisis anamicablesettlementbetween^the partiesand the Applicantintendstowithdra$/themainS,A,no preiudicewillbecausedifthel.A.isallowedwithoutinviting responsefromotherside.Accordingly,theinstantI.A.^is allowedandstandsdisposedofaswithdrawnandsettled amicably. RespondentEank is directedto^provideNoC andoriginalTrtle DeedtotheSA Applicant,ifitisnotalready done,within15 daysfrom thedate ofthisorder,as^perrules. S.A.No.184of2024alongwith all other^pendingI.A.s, ifany, isdisposedof as withdrawn. File beconsignedtoRecord Roomafterobservingallformalitles.
	( K;matDe) Presiding Offrcer DRT-3, Kolkata

Ms Redeagale Infrastructure Pvt. Ltd. and Ors. v. Punjab and Sind Bank

Case brief

What is this about?

What did the court decide?

Ms Redeagale Infrastructure Pvt. Ltd. and Ors. v. Punjab and Sind Bank

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Parties & counsel

Coram

Case details

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