Kotak Mahindra Bank Limited v. Shiv Transport Company
Case brief
What is this about?
In a matter of admiralty, the Debts Recovery Tribunal found that the parties had amicably settled and the bank received the amount. The application was dismissed as withdrawn.
What did the court decide?
Application dismissed as withdrawn due to amicable settlement amount received by the bank.
What the court decided
Debts Recovery Tribunal-Il,Delhi
TA/1s6L12022
KOTAK MAHINDRABANKLIMITEDVS SHIVTRANSPORT COMPANY KUMAR
20.LL.2025
Item no.21
Present Ms. Deepti Gupta, Counselfor applicant bank None for defendants
Matter is taken throughVideo Conferencingl Hybrid Mode.
The Ld. Counsel for applicantbank submitted that the matter has been amicably settledbetween the pafties and bank has received the OA amount.
In view of the abovesubmissionmade by the Ld. Counsel for applicant bank,TA/1561 12022is dismissed as withdrawn.
File be consigned to recordroom.
q-r (SUSHIL KUMAR RASTOGI) PRESIDING OFFICER DRT-II, Delhi
Parties & counsel
- applicant
KOTAK MAHINDRA BANK LIMITED
Coram
SUSHIL KUMAR RASTOGI
Case details
As recorded by the court registry
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