A Debts Recovery Tribunal disposed of an appeal (OA) on behalf of UCO Bank and MS Shristi Infrastructure Corporation. The bank contended that a full and final settlement was reached via an IA, releasing all liabilities, and directed the disposal of the pending appeal as settled.
The appeal was disposed of as settled between the parties.
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 1, KOLKATA
Order Sheet (continuation)
| Case No. OA/416/2022 Date of the Order |
UCO BANK Vs MS SHRISTI INFRASTRUCTURE DEVELOPMENT CORPORATIO Order with Signature |
N LTD Office action with date and dated Signature of Parties when necessary |
|---|---|---|
| 17/02/2026 | Ld. Counsel Mr. S. N. Patra Bhatta appears for Applicant Bank. Ld. Counsel Ms. R. Mondal appears for Defendant No. 1. |
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| Ld. Counsel for Applicant Bank has filed IA/163/2026 contending that Applicant Bank has approved terms of settlement. As per the terms of settlement, Defendant No. 1 paid a sum of Rs. 35.60 crore inclusive of interest in full and final settlement of the Bank’s dues and accordingly Bank has issued No Due Certificate in favour of Defendant No. 1 and all other Defendants/ Gurantors stand automatically discharged from their respective liability. Hence, this OA along with any other pending IAs are dipsosed of as settled between the parties. |
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| (Ambuja Mohan Das) Presiding Officer |
(Sne)
1 issue framed by the court
Whether the original appeal for cancellation of recovery proceedings ought to be disposed of as settled.
UCO BANK
MS SHRISTI INFRASTRUCTURE DEVELOPMENT CORPORATION LTD
Ambuja Mohan Das
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
