The Debts Recovery Tribunal allowed the applicant's application for withdrawal of the stay application after parties reached an amicable settlement of Rs. 10,50,000 during pendency. The main S.A. and pending IA were disposed of as settled.
IA No. 49 of 2025 allowed; SA No. 662 of 2024 and other pending IAs disposed of as withdrawn and settled.
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)
Case No. sA/ 662/ 2024
Ashok Xumar Agarwal Agarwal & anr.anr.
Bank of Baroda
Date of Order Order with signature
Order No.03 Present :
Dt.27.01.2025
Sl. No.27 For Applicant : Ld. Counsel Anindita Maity
For Defendant : None
IA/49l25 is taken up for hearing.
Heard Ld. counsel for the SA Appticant.
Considered.
None appears from the side of the Defendant Bank.
Ld. Counsel for the SA Applicant fited I.A. No. 49 of 2O2S
prayin9 for withdrawal of the maln S.A, The application is
supported by Affidavit of the applicant Mr. Ashok Kumar
Agarwal.
Ld. Lawyer for the SA Applicant submits that during the
pendency of the S.A,, the matter was referred to the Lok Adalat
and the parties have amicably setued the dispute to the tune of
Rs. 10,50,000/-.
Since this is an amicable setuement between the parties and
the Applicant intends to withdraw the main S.A., the instant I.A.
is allowed and stands disposed of being dismissed as withdrawn
as settled amicably. LA. 48 of 2025 being the put up petition is
also disposed of.
S.A, No. 662 of 2024 along with a other pending t.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is disposed of as withdrawn.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
Ashok Xumar Agarwal Agarwal & anr.anr.
2 issues framed by the court
Whether to allow withdrawal of the main S.A. upon amicable settlement.
Whether to dispose of the pending IA and S.A. as withdrawn and settled.
Ashok Xumar Agarwal
Bank of Baroda
Kamal De
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
