Dismissed

Baburao Jagannathrao Kalkute v. Canara Bank

DRT4 Aug 2025SA/314/2022

Case brief

AI extract

What is this about?

The applicant sought withdrawal of Seuritization application No. 314/2022. The court found a full and final settlement under an Out of Court Settlement (OTS) agreement with a deposit of Rs. 1,60,000 and a No Dues Certificate. The application was disposed of as withdrawn.

What did the court decide?

S.A. No. 314/2022 disposed of as withdrawn; pending interlocutory applications disposed off.

Baburao Jagannathrao Kalkute versus Canara Bank — Banking and Recovery | DRT (2025)

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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET

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	04.08. Sr. No	2025 .22 SA No. 314/2022
Classifi cation	No. of Exh.
		SECURITISATIONS APPLICATION NO. 314/2022. Baburao Jagannathrao Kalkute ..Applicant Versus Canara Bank and Anr. ..Respondents
		Mr. Suryawanshi Kamlakar J. -Advocate for the applicant Mr. Mohan Jaiswal H/for Mr. Kapadia Priyesh Narendra. - Advocate for the respondents. 1. The learned counsel for Applicant has filed pursis and submitted that, matter is settled between the parties under OTS. Respondent has issued sanction of compromise for OTS on 01/08/2024. As per OTS, amount of Rs. 1,60,000/- is deposited by applicant, and No Dues Certificate is issued by respondent Bank, and disputed loan account No.1375619002973 is closed. Therefore, the applicant wants to withdraw the Securitization application No. 314 of 2022. 2. Heard. 3. In view of the full and final settlement between the parties under OTS, I pass the following order. ORDER A. The S.A. No. 314 /2022 stands disposed of as withdrawn. B. Pending Interlocutory Applications, if any stands disposed off. C. Consign the file to the Record Room. (Dr. J.R. Chauhan) Presiding Officer Debts Recovery Tribunal, Aurangabad

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[Ambadas] (SA No.314/2022) Page 1 of 1

Baburao Jagannathrao Kalkute v. Canara Bank

Case brief

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Baburao Jagannathrao Kalkute v. Canara Bank

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