Debts Recovery Tribunals and Appellate Tribunals

STATE BANK OF INDIA vs M/S LOREL PHARMACEUTICALS on 5 May 2026

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Case No. Order No. 2! Dr.05.05.2026 Sl.No.16 Debts Recovery Tribunal-3, Kolkata Order Sheet (Continuation) t.a. /tcs /zots State Bank ot Anr. india & Anr. vs. M/s. Lorel O.der with signature Present: For Applicant: Ld. Counsel Mr. 1.4. K. Manna t For Defendant : None lA/1043/2019 along with lA/lo42l2ol9 has been m oved. Heard Ld. Counsel for the applicants. Considered. Ld Counsel for the Applicant filed l.A. No. 1043 of 2019 in view of the fact that the T.A which was flled seeking recovery of Rs.3,107,653.05/- is settled through oTS for Rs. 13.94 lakhs and has prayed for withdrawal of the present T.A. The application is supported by affdavit of Mr. Asit Kumar Sarkar, Chief Manager of the applicant Bank. During the pendency of the T.A. the defendant have compromised and settled the matter and the Applicant Bank has realized and received the settled amount and made prayer to dispose of the matter for non prosecution There is no other impediment if prayer is so allowed Accordingly, l.A. No. 1043 of 2019 is disposed of as withdrawn and settled amicably. T.A. No. 749 of 2015 along with all pending LA.s, if any, is disposed as withdrawn being settled amicably. court fees be returned as per rules, if the applicant is entitled to get. File be consigned to Record Room after observing all formalities. Arbrnd IVadhav Presrding Officer DRT-2, Kolkata Addrtional Charge of DRT 3, Kolkata Pharmaceuticals & otlice a.tion w{h s,onrtu.. or Pan'er

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