Debts Recovery Tribunals and Appellate Tribunals
UNION BANK OF INDIA vs ESSAR OILFIELD SERVICES INDIA LTD on 28 May 2025
**Debts Recovery Tribunal-III, Delhi**
**MA/22/2025**
**In**
**TA/364/2022**
**Union Bank of India Vs ESSAR Oilfiled Services India**
**Ltd**
28.05.2025
Item no. 04
Present: Ms. Parmika Jolly, Ld. counsel for applicant bank.
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1. 1. This matter is taken up by this Tribunal through Hybrid mode.
2. 2. Misc. application no 22/2025 has been filed for refund of court fees. She submitted that TA No. 364/2022 (UBI Vs ESSAR Oilfiled Services India Ltd) for recovery of Rs. 186.0 crores (approximately) against the Defendants. Thereafter, matter was settled between the parties and a joint application for withdrawal of TA was filed which was allowed vide order dated 20.01.2025. Now, this application has been filed for refund of court fees.
3. 3. In this matter, matter has settled between the parties out of this Tribunal. Hon'ble Supreme Court has Law laid down in *Jage Ram Vs Ved Kumar and others, 2025, live Law Supreme Court, 138* that "refund of court fees is permissible only if the matter is referred to arbitration, conciliation, judicial settlement, including through Lok Adalat or mediation for settlement and the case is decided in terms of such a settlement and not otherwise". In this matter, applicant has except the OTS proposal out of this Tribunal. Hence, considering the submissions of the party, in light of Debt Recovery Tribunal (refund of court fees) rules, 2013, and Law laid down by the Hon'ble Supreme Court, application is liable to dismiss and stand dismissed accordingly.
4. 4. File consigned into record room.
28.05.2025
(SHIV KUMAR - I) PRESIDING OFFICER, DRT-III, DELHI