INDUSIND BANK LIMITED vs M/S DURGA STORES on 21 January 2019

DEBTS RECOVERY TRIBUNAL 1, KOLKATA Page No.- Order Sheet( continuation) Case NO. TAl8031zOLg Indusind Bank vs. M/s. Durga Stores & ors. Date of the order Order with signature 1 2LlOt/2OL9 Ld. Advocate Ms. M. Roy appears for the Applicant Bank and pressing the withdrawal petition being no. IA165120L9. None appears for the Defendants. In the above said application it was stated that the Applicant has filed an Recovery application for recovery of a sum of Rs. 52,48,489.11 including interest and other reliefs. During pendency of the Recovery Proceedings there has been a settlement between the parties and the Bank has received Rs. 65,00,000/- towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Sri Rohit Swaroop, the the Authorised Signatory of the Bank and his signature is identified by the Advocate on record. Ld. Advocate for the Bank also prays for return of court fees. In the above circumstances, TA/803/20$ is disposed of as settled ' L Presiding Officer hedding Officer hbtc fueovery llibunal No.-I Kolkata Rina. S t-_-. arinder Nath Khanna)