Idbi Bank v. Samir Pramanick
Case brief
What is this about?
The Debt Recovery Tribunal disposed of an appeal by the applicant bank on withdrawal, in view of a full and final settlement between the parties leading to a No Due Certificate issuance.
What did the court decide?
Wiper off of the OA appeal and any other pending IAs.
What the court decided
DEBTS RECOVERY TRIBUNAL 1, KOLKATA
Order Sheet
| Case No.OA | /547/2024 IDBI BANK -Vs- SAMIR PRAMANICK |
|
|---|---|---|
| Date of the Order |
Order with Signature | Office action with date and dated Signature of Parties when necessary |
| 11.02.2026 | Ld. Advocate Ms. Kuheli Deb appears virtually for the Applicant Bank and filed withdrawal petition being IA/374/2026. In the above said application it was stated that the Applicant has filed an original application for recovery of a sum of Rs.53,47,551/- including interest and other reliefs. During pendency of the Proceedings there has been a settlement between the parties and the Bank has full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Ms. Babli Shaw, Manager of the Bank and his signature is identified by Advocate on record. The applicant bank has already issued No Due Certificate. 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 This instant OA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled. |
|
| (Ambuja Mohan Das) Presiding Officer |
Parties & counsel
- appellant
IDBI BANK
- respondent
SAMIR PRAMANICK
Coram
Ambuja Mohan Das
Case details
As recorded by the court registry
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