Bank of India v. Status Fashions
Case brief
What is this about?
Order allowing withdrawal of the dispute resolution petition (O.A. No. 382 of 2023) after settlement of the matter between the applicant bank and defendants for a sum of Rs. 1,84,28,000/-.
What did the court decide?
Withdrawal of the application ordered; main application disposed of as withdrawn; refund of court fees granted.
What the court decided
| 07.07.2026 | Exh. | Roznama-MDRT-II O.A. No.382 of 2023 |
Next date |
|---|---|---|---|
| rst - 25 | Mr Prashant Shinde i/b M/s. A.B. Shinde & Co., Advocate for the Applicant. None for Defendant. Applicant Bank has filed Withdrawal Application I.A. No.1690 of 2026 supported by affidavit for withdrawal of the O.A. No.382 of 2023. Ld. Advocate for the Applicant submits that the matter has been fully and finally settled with the Defendants for a sum of Rs.1,84,28,000/- and the Applicant had issued No Dues Certificate dated 29.08.2024 to the Defendants and their loan stands closed. Now, the Applicant does not wish to proceed with this O.A. Hence, seeks for withdrawal of the present O.A. In view of the above submissions, the withdrawal of I.A. No.1690 of 2026 is allowed. Resultantly, O.A. No.382 of 2023 stands disposed of as withdrawn. Pending IAs, if any, stands disposed of. The Applicant shall be entitled to refund of court fees as per Rules. File be consigned to the Record Room after due compliance. Sd/- P.O. DRT-II |
Closed |
Parties & counsel
- applicant
Applicant Bank
- respondent
Defendants
Case details
As recorded by the court registry
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