Allowed
Mr Amiya Sardar v. Idbi Bank
DRTSA/506/2023
Case brief
AI extract
What is this about?
The Debt Recovery Tribunal disposed of the main application I.A. 391/2026 and interlocutory application I.A. 392/2026 on withdrawal, noting the parties had settled the dispute via a One Time Settlement letter.
What did the court decide?
Direction to respondent bank to issue NOC, original title deed, and original key within 15 days.
What the court decided
AI extract
¶1
DEBTS RECOVERY TRTBUNAL-3, KOLKATA Order Sheet (Continuation)
¶2
| caseNo.SA/ | 506/2o23 MrAmiyaSardarvs.IDBIBank |
|
|---|---|---|
| Dateof Order |
Orderwithsignature | Office action withdateand dated Signature |
| OrderNo.11 ot.10.02.2026 Sl.No.22 |
Present: -ForSAapplicant :LdcounselforMrPritamModakwithP.Sahu -Forrespondent bank :LdcounselMsSaugita!lishrawithSupernaBiswas |
|
| LdcounselfortheSAapplicanthasmovedI.A. 39212026alongwithputuppetitionbeingI.A.391/2026 prayingforwithdrawaloforiginal application andpraysfor provideNOC,originaltitledeedand original key ofthesuit property. TheI.A. issupportedby anaffidavit affirmedbythe applicant.Nodue certificatehasnotbeen annexedwiththe petition.OneTime Settlementletterdated 31.01.2026has been annexedwith thepetitionwherefromitwilltranspire thattherespondentbank hasreceivedthepaymentof Rs.24,00,000/-assettlementamountfromtheSA applicant. Ldcounselforrespondentbanksubmitsthatthe respondent bankwillissue'noduecertificate'withinashort date and hand overtheoriginaltitledeedandoriginalkey ofthesuitproperty. Accordingly,LA.No.39212026 alongwith1.A.391,/2026 isdisposedofbeingwithdrawnassettledamicably. Therespondentbankisdirectedtoissue'nodue certificate'totheSAapplicantwithin15daysfromthedate ofthisorder togetherwithoriginaltitledeedandoriginal key ofthesuitpropertyto theSAapplicant. sAl5o6/2023alongwithotherpendingI.A.(ifany)is disposedof. FilebeconsignedtoRecord Roomafterobservingall formalities. |
||
| ArbindMadhav PresidingOfficer DRT-2,Kolkata Additionalchargeof DRT-3,Kolkata |
Parties & counsel
AI extract
- applicant
Amiya Sardar
- respondent
IDBI Bank
Coram
AI extract
Arbind Madhav
Case details
As recorded by the court registry
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