Dismissed
Yes Bank v. Abhay Kumar Satpathy
DRTOA/49/2026
Case brief
AI extract
What is this about?
A debtor's recovery petition was dismissed as withdrawn after the bank settled the dues and filed a withdrawal petition during pendency of the proceedings.
What did the court decide?
The OA and all pending IAs were dismissed as withdrawn as settled. The bank was entitled for refund of Court Fee.
What the court decided
AI extract
¶1
DEBTS RECOVERY TRIBUNAL 1, KOLKATA
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| Page No.- | Order Sheet( continuation) | |
|---|---|---|
| Case NO. OA IA/1005/202 |
/49/2026 6 YES BANK Vs ABHAY KUMAR SATPATHY |
|
| Date of the order |
Order with signature | Office action with date and dated signature of parties when necessary |
| 10/04/2026 | Ld. Advocate Ms. Saba Rahaman appears on behalf of Ld. Advocate Ms. Mekhala Kanji for the Applicant Bank and presses the withdrawal petition, bearing application no. IA/1005/2026. In the above said application it is stated that the Applicant has filed an Recovery application for recovery of a sum of Rs. 25,34,633.10/- including interest and other reliefs. During pendency of the Recovery Proceedings there has been a settlement between the parties and the Bank has received Rs. 13,32,100.00/- towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Biswadeep Bhattacharjee, the Authorized Representative of the Bank and his signature is identified by Advocate on record. Ld. Advocate for the Applicant Bank also prays for refund of application fee. In view of this, no prejudice will be caused to the OA defendants if their response is dispensed with in this IA. This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled. The Applicant Bank is entitled for refund of Court Fee in terms of the Rules for which the applicant may move before the Registrar of this Tribunal who may take decision in accordance with rules and regulations of the subject. |
|
| (Ambuja Mohan Das) Presiding Officer |
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Sne
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DEBTS RECOVERY TRIBUNAL 1, KOLKATA
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Sne
Parties & counsel
AI extract
- appellant
YES BANK
- respondent
ABHAY KUMAR SATPATHY
Coram
AI extract
Ambuja Mohan Das
Case details
As recorded by the court registry
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