The Debt Recovery Tribunal allowed an application to withdraw a Special Appeal after the applicant settled the dispute with the respondent bank, which issued a No Dues Certificate.
Instant I.A. allowed; S.A. No.651 of 2023 and other pending IAs disposed of as withdrawn.
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Oebts Recovery Tribunal-3,Kolkata Order Sheet (Continuation)
Case No. SA/651/2O23 Subhash Kumar Tiwarivs. State Bank of India& Anr' Date of Order Order with signature Signature of Order No.05 Present : Dt.28.03,2025 Sl.No.26 For Applicant : Ld. CounselMr. K. Das for Ld.Counse Mr. A. Maiumder For Defendant : None 1N1479/2o25 is taken up for hearing. sh Heard Ld, counsel for the SA applicant. Considered. None appears for the respondent bank. Ld Counsel for the Applacant filed I.A. No.1479 of 2025 praying for withdrawal of the main S.A. The application is supported by Affidavit of the applicant Mr. Subhash Kumar Tiwari. During the pendency of the S.A, the matter has been settled with the Respondent Bank and the Respondent Bank is not going to continue with the instant proceeding and has issued a'No Dues Certificate'. Since this is an amicable settlement between the parties and the Applicant intends to withdraw the main S.A., no prejudice will be caused if the t.A. is allowed without inviting response from other side. Accordingly, the instant I.A. is allowed and stands disposed of being dismissed as withdrawn as setfled amicably. S.A. No.651 of 2023 atong with a[ other pending I.A.s, if any, is disposed of as withdrawn. File be consigned to Record Room after observing all formalities. ( Kamal De ) Presiding Officer DRT-3, Kolkata
Subhash Kumar Tiwari
State Bank of India
Kamal De
As recorded by the court registry
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