Indian Overseas Bank v. Sachin
Case brief
What is this about?
Court allowed withdrawal of the original appeal after the applicant bank recovered dues and issued a no dues certificate to the defendants via amicable settlement.
What did the court decide?
Withdrawal of I.A. No.1573 of 2026 allowed; O.A. No.549 of 2025 disposed of as withdrawn; refund of court fees granted.
What the court decided
| 25.06.2026 | Exh. | Roznama-MDRT-II O.A. No.549 of 2025 |
Next date |
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| Ms Salma Ghaswala, Advocate for the Applicant. None for Defendants. |
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| rst - 26 | Applicant Bank has filed Withdrawal Application I.A. No.1573 of 2026 supported by affidavit for withdrawal of the O.A. No.549 of 2025. Ld. Advocate for the Applicant submits that the matter has been amicably settled with the Defendants as the Applicant has recovered Rs.41,09,486.60 and no dues certificate dated 21.05.2026 has already been issued. 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.1573 of 2026 is allowed. Resultantly, O.A. No.549 of 2025 stands disposed of as withdrawn.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
Coram
P.O.
Case details
As recorded by the court registry
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