Disposed

Nelas Chowdhury v. Indian Bank

DRT26 Nov 2025SA/779/2023

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal allowed an interim application for withdrawal of the stay application. The tribunal noted that the matter was settled amicably with the bank issuing a No Objection Certificate. Accordingly, the stay application, related interim applications, and the main stay application were disposed of as withdrawn.

What did the court decide?

Interim application allowed as withdrawn; Main S.A. and I.A. No. 4488 disposed of as withdrawn.

Nelas Chowdhury versus Indian Bank — Banking and Recovery | DRT (2025)

¶1

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

¶2

caseNo.SAl77	9/2023 Nelaschowdhury IndianBank
DateofOrder	Orderwithsignature	Signature or
OrderXo.l3 ot.26.11.2025 Sl.No.18	Present: ForApplicant:Ld. CounselPrasenjitPal ForDefendant:None A/4447/25istakenupforhearing. HeardLd. CounselforSAApplicant. Considered.
	Noneappea.sfor theDefendantBank.
	LdCounselfor theApplicantfiledLA.No.4487ofZO2Spraying forwithdrawalof themainS.A. Theapplication is supportedby Affidavitoftheapplicantl"lr.NelasChowdhury.Duringthe pendencyoftheS.A.thematterhas beensetfledwiththe RespondentBankandtheRespondentBankisnotgoingto continuewiththeinstantproceedingandhasissueda'No ObjectionCertificate'.Sincethisisanamicablesettlement betweentheparties andtheApplacantintendstowithdrawthe main S.A.,noprejudicewillbecausediftheI.A. isallowed without invitingresponsefromother side.Accordinqly,the instantI.A,isallowed and stands disposedof aswathdrawn and settledamicably.I.A.No.4488of2025beingthe putup petitionisalsodisposed of.
	S.A. No. 779of2023along is disposedof as withdrawn. all otherpendingI.A.s, ifany,
	File beconsignedtoRecord Roomafterobservingallformalities.
	(KamalDe) PresidingOfficer DRT-3, Kolkata

Nelas Chowdhury v. Indian Bank

Case brief

What is this about?

What did the court decide?

Nelas Chowdhury v. Indian Bank

Case brief

What is this about?

What did the court decide?

What the court decided

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