Debts Recovery Tribunals and Appellate Tribunals
STATE BANK OF INDIA vs A K G POLYCON AND ORS on 11 September 2025
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Order Sheet Case No. TA 1489 of 2013 STATE BANK OF INDIA -VS- A K G POLYCON AND ORS HAQUE & ANR Date of the Order Order with Signature Office action date and da Signature Parties wh necessar 11.9.2025 (Sl. No. 14) Mr. Soudip Pal Chowdhury. … For the Applicant Bank. Learned advocate for the applicant bank appears and presses the withdrawal petition IA 2262 of 2025. In the above said application it was stated that the applicant has filed a recovery application for recovery of a sum of Rs.36,65,029.40p., including interest and other reliefs. During pendency of the recovery proceeding there has been a settlement between the parties and the bank has received Rs.14,13,829.04p., towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Mr. Vishal, the Chief Manager of the Bank, and his signature is identified by advocate on record. Learned advocate for the applicant bank also prays for refund of application fee. In view of this, no prejudice will be caused to the TA defendants if their response is dispensed with in this proceeding. This instant TA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled. The applicant bank is entitled to refund of court fee in terms of the Rules for which the applicant may move before the learned Registrar of this Tribunal who may take decision in accordance with rules and regulations of the subject. (Ambuja Mohan Das) Presiding Officer ac
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