Application under the SARFAESI Act for withdrawal of proceedings was allowed and disposed of as settled amicably after the bank issued a No Dues certificate.
Instant I.A. allowed and disposed of as withdrawn; main S.A. and other pending I.A.s disposed of as withdrawn.
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.
Debts Recovery Tribunal-3, Kolkata Order Sheet (Continuation)
| caseNo.SA/5 | 58/2O24 SiddharthaChoudhuryvs.PNB&O |
rs. |
|---|---|---|
| orderwithsignature | Signatureof | |
| OrderNo.04 Dt.04.04.2025 Sl.No.25 |
Presenti ForApplicant:Ld. CounselMr.K.Chakraborty ForDefendantINone |
|
| 1N1536/2O25istakenupforhearang. HeardLd.counselforSARFAESTapplicant. Considered. Noneappearsfrom thesideoftherespondent bank. |
||
| LdCounselfor theApplicantfiledLA,No.1536of2025 prayingforwithdrawalofthemain S.A, Theapplicationis supportedbyAffidavitoftheapplicantMr.Siddhartha Choudhury.Duringthependencyof theS,A.thematterhas beensettledwith theRespondentBankandtheRespondent Bankisnotgoingtocontinuewith theinstantproceedingand hasissueda"NoDues" Certificate. Sincethisasanamicable settlementbetweenthepartiesandtheApplicant intendsto withdraw the mainS.A., no prejudicewillbe causedif theI.A.is allowedwithout invitingresponsefrom otherside.Accordingly, theinstantI.A.isallowedandstandsdisposedofbeinq dismissedaswithdrawnassettled amicably. S.A. No.558of2024 alongwlthallotherpendingI.A.s, if any,isdisposed ofaswithdrawn, FilebeconsignedtoRecord Roomafterobservingall formalities. tx;.niro"I- Presiding Officer ORT-3,Kolkata |
1 provisions across 1 enactments
Siddhartha Choudhury
Punjab National Bank (Respondent Bank)
Presiding Officer
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
