Arkey Enterprise and Ors. v. Hdfc Bank
DRTSA/950/2023
Case brief
AI extract
What is this about?
In this CRT-3, Kolkata proceedings, the matter warrants immediate hearing. The applicant has filed an order for withdrawal of the instant case. The respondent bank submits that the property has been sold and is not willing to proceed with SARFAESI proceedings. Consequently, the court is directed to review the matter for disposal of the case.
What the court decided
AI extract
¶1
Debts Recovery Tribunal-3, Kolkata Order Sheet (Gontinuation)
¶2
| CaseNo.S.A | ./950/2023 Arkey Enterprlse&Or5.v3,HDFCBank&Anr' |
|---|---|
| D.t!otOrd., | Ordorwhh.lgn turr |
| Order No.09 Dt.13.01.2026 sl.No.15 |
PresentI ForAppllcant:-Ld.Counsel Mr. KauslkDas ForDefendant:-Ld.CounselMs.A.Rao Ld.counselMs,F.Yasmln |
| Id/5322l2O25lstakenupforheadng. Heard Ld.Counselsforbothsldes. consldered. |
|
| Ld,CounselfortheaPpllcantsubmltsthat W532212O23has been f,ledforwlthdrawalofthelnstant sA,/950/2023. |
|
| sh | Ld.Counselfor therespondentbanksubmltsthat thepropertyhasbeen soldoutandthebankisnotwllllng toproceedwlththeSARFAESIproceedlng. lnthatvlewofthematter,thelnstantSN95OI2O23 alongwlth allotherconnectlonIAs,lfany,lsdlsPosedof aswlthdrawn. |
| Flle be conslgnedtoRecordRoomafterobseNlngall formalltles. |
|
| ArblndMadhav PresldlngOfficer DRT-2,Kolkata In-ChargeofDRT-3,Kolkata |
Issues for consideration
1 issue framed by the court
AI extract
Whether the conviction in the instant case is maintainable as the property has been sold prior to the hearing of the present matter.
Parties & counsel
AI extract
- applicant
Arkey Enterprises & Ors.
- respondent
HDFC Bank & Anr.
Case details
As recorded by the court registry
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