Allowed

Mr Pankaj Kumar Roy and Anr. v. India Bulls Housing Finance Ltd.

DRT22 Apr 2025SA/438/2022

Case brief

AI extract

What is this about?

In a settlement matter before the Debts Recovery Tribunal where the applicant filed a prayer for withdrawal of the main appeal after resolving the dispute with the respondent bank, the Tribunal suo moto noted the settlement, observed the respondent bank had issued a No Dues Certificate, and allowed the withdrawal application as amicable settlement.

What did the court decide?

Withdrawal of the application allowed and the main appeal S.A. No. 43 of 2022 disposed as withdrawn.

Mr Pankaj Kumar Roy and Anr. versus India Bulls Housing Finance Ltd. — Arbitration | DRT (2025)

¶1

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

¶2

CaseNo.SA/43	4/2022 Mr.PankajKumarRoy& Anr. Vs. IndiaBulls Housin FinanceLtd.
DateofOrder	Orderwithsignature
OrderNo.05 ot.22.04,2025 Sl.No.25	Present: ForApplicant:None ForRespondent:Ld. Counsel^RitikaPal lAl1065125istaken^{upforhearing.} HeardLd.counselforRespondent^Bank. considered. Noneappearsfrom theside of^{theSAApplicant}
	Ld. Counselforthe^{SAApplicanthasfiledl.A.No.1065of} 2025^prayingforwithdrawalof^{themainS.AThe} applicationissupported^{byAffidavitof theapplicantMr.} DeepakTripathi.Duringthe^{pendencyoftheS.A,the} matterhas been settled^withthe^{Respondent Bankand} theRespondent Bankis^{notgoingtocontinuewiththe} instant^proceeding.
	Ld.Lawyerappearingfor the^{Respondent Banksubmits} that theBank has^{issued'NoDuesCertificate'totheSA} Applicant.
	Sincethisisanamicable^{settlement betweentheparties,} no prejudicewillbe caused^{totheSAApplicantif the IA} isallowed.Moreover, SA^{Applicant hasnotbeentaking} stepfor^yearstogether.
	Accordingly,theinstantl,A.^{isallowedandstands} disposedaswithdrawn^{beingsettledamicably.}
	S.A.No.438of2022along^{with all otherpendingI A s,if} any,isdisposedofaswithdrawn.
	FilebeconsignedtoRecord^Roomafter^observingall formalities.
	(KamalDe) PresidingOfficer DRT-3, Kolkata

Mr Pankaj Kumar Roy and Anr. v. India Bulls Housing Finance Ltd.

Case brief

What is this about?

What did the court decide?

Mr Pankaj Kumar Roy and Anr. v. India Bulls Housing Finance Ltd.

Case brief

What is this about?

What did the court decide?

What the court decided

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