Disposed

Santosh Kumar Roy and Anr. v. Cholamandalam Investment and Finance Company Ltd.

DRT27 Mar 2025SA/639/2024

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal allowed the application to withdraw the main appeal and several Limitation Applications as settled amicably after the respondent bank issued a No Dues Certificate. The main appeal was disposed of as withdrawn.

What did the court decide?

Increased to allow the main appeal (S.A. No. 639 of 2024) along with all other pending Limitation Applications to be disposed of as withdrawn.

Santosh Kumar Roy and Anr. versus Cholamandalam Investment and… — Banking and Recovery | DRT (2025)

¶1

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

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c.seNo.sA/63	Santosh Kumar^{Roy& Anr.Vs.CholamandalamInvestment&} FinanceComPanY^{Ltd.& Anr.} 9/2024
	Orderwithsignature
OrderNo.04 ot.27.o3.2025 Sl.No.58	ForApplicant:Ld.Srlya^Adhikary ForDefendantiLd.^{Counsel Mr. S.Sen} Ld, CounselMr'A.Guha
	lN14L3I2O2S istaken^{upforhearing.} HeardLd.counselforrespondent^Fl. Considered. Noneappearsfor theSARFAESIapplicants.
	Ld Counselfor theApplicantfiledLA.^{No.1413of2025} prayingforwithdrawalofthemain S.A. Theapplicationis supported byAffidavit ofthe appllcantMr. SantoshKumarRoy. Duringthe^pendencyoftheS.A,thematterhas beensettled with theRespondentBankandtheRespondentBankisnot goingtocontinuewith the instantproceedingandhas issueda 'NoDuesCertificate'.Since^thisis an^{amicablesettlement} betweenthe^partlesandtheApplicant intendstowithdraw the mainS.A.,no^prejudicewillbecausedifthel.A,lsallowed without lnvltingresponsefrom other side.Accordingly,the instantI.A.ls allowedandstandsdisposedofbeingdismissed aswithdrawnassettledamicably. S.A.No.639of2024 alongwith all otherpendingLA.s, if any,isdisposed ofaswithdrawn. FilebeconsignedtoRecord Roomafterobservingall formalities.
	(KamalDe) PresidingOfficer DRT-3, Kolkata

Santosh Kumar Roy and Anr. v. Cholamandalam Investment and Finance Company Ltd.

Case brief

What is this about?

What did the court decide?

Santosh Kumar Roy and Anr. v. Cholamandalam Investment and Finance Company Ltd.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

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