The Debt Recovery Tribunal disposed of the original application and pending interlocutory application as withdrawn following an amicable settlement between the bank and the respondents involving full recovery of the debt.
O.A. No. 502 of 2022 and I.A. No. 1256 of 2026 disposed as withdrawn being settled amicably. Court fees returned.
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-3, Kolkata Order Sheet (Continuation)
| caseNo.O.A | ./502l2O22 The Federal BankLimitedvs.Simplexlnfrastrudure |
sltd.&Anr. |
|---|---|---|
| Orderwithsi9nature | Si9natur€ ofp.rties | |
| OrderNo. Dr1105.2026 Sl.No.l2 |
ForApplicant(s):-Ld.Counsel Ms.F.Yasmin ForDefendant(s)r-Ld. Counsel14r.l.Bhattacharya lA1125612026istakenupforhearing. Heard Ld.counselsforbothsides. Considered. |
|
| sh | LdCounselfor theApplicantfiledI.A.No.1256 of 2026inviewofthefactthattheO.Awhich wasfiled seeking recoveryofRs.10,99,77,210.70l-issettledand hasprayedfor$rithdrawalofthepresentO.A.The applicationissupportedbyaffidavitofMr.RanjanKumar Mishra,DeputyVicePresident-l&Branch Headofthe applicantBank. DuringthependencyoftheO.A.thedefendanthave compromisedandsettledthematter andtheApplicant Bankhasrealizedandreceivedthesettled amountand issuedthe'NoDuesCertificate'andmadeprayertodispose ofthematterfornon-prosecution.Thereisnoother impedimentifprayerissoallowedAccordingly,I.A.No. f256of2026isdisposedofaswithdrawnandsettled amicably. Court fees shall be returned asperthenormsofthe Ld.Tribunal. O.A. No. 502of2022alongwithallpendingl.A.s,if any,isdisposedaswithdrawnbeingsettledamicably. File be consignedtoRecordRoomafterobserving formalities. A?ffi-Madhav PresidingOfficer ORT-2,Kolkata AdditionalChargeofDRT-3,Kolkata |
,
The Federal Bank Limited
Simplex Infrastructure Ltd. & Anr.
Madhav
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
