Debts Recovery Tribunals and Appellate Tribunals
UCO BANK vs M/S SREOSHI ENTERPRISES on 14 December 2021
Order Sheet
(Continuation)
Case No. TA/196/2014
UCO Bank-vs- M/s Sreoshi Enterprise & Ors.
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Order
Order with signature Office action with date and dated Signature of parties when necessary Order No.20 Dt. 14/12/2021 Item No.11 RC (The proceedings of the court are conducted through video conferencing from residential offices/residences. Also the Advocates and the Staff joined the proceedings through video conferencing from their residences/offices)
Present: For Applicant: Mr. Sankar Singh,Ld. Advocate. For Defendant: None.
Ld. Counsel for the applicant has filed I.A.No.3296 of 2021 in TA/196/2014 which is a put up petition. Since record is put up I.A. No.3296 of 2021 is disposed of. I.A. No. 3297 of 2021 is filed by the Ld Counsel for the Applicant. In view of the fact that O.A. was filed for seeking recovery of Rs.14,15,525/- which was filed before DRT-2, Kolkata being O.A. No.932 of 2014 subsequently the matter has been transferred to this Tribunal and become T.A. No.196 of 2014. The Application is supported by affidavit of Mrs. Sabita Mallick, Branch Manager of the Applicant Bank, APC Road Branch, at 242A, Vivekananda Road, P.S. Manicktalla, Kolkata-700006. During the pendency of the matter Defendants offered a compromise proposal under “RINN SAMADHAN”. Applicant and Defendants have settled the matter. Applicant has received a compromise amount for a sum Rs. 21.00 lacs as a settled amount and issued ‘No Due Certificate’ on 30.10.2021 which is annexed to this I.A and made prayer to withdraw the matter. No one is present for the T.A. defendants. Since this is an amicable settlement between the T.A. Applicant and the defendants no prejudice will be caused to the T.A. defendants if their response is not invited on this I.A. No. 3297 of 2021.
Accordingly their reply is dispensed with. There is no other impediment if prayer is so allowed. Accordingly I.A. No. 3297 of 2021 is disposed of as withdrawn as settled amicably. T.A. No. 196 of 2014 along with I.A. No. 3297 of 2021 and any other pending I.A if any are disposed of as withdrawn as settled amicably. File be consigned to record room.
(A.K.Chaturvedi) Presiding Officer DRT-3,Kolkata