Debts Recovery Tribunals and Appellate Tribunals

MH MILLS AND INDUSTRIES LTD vs ICICI BANK LIMITED on 22 November 2019

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CONTD. ORDER-SHEET

PAGE NO. .... 08 .....

CASE NO. .... M.A. 10/19 .....

<table border="1"><thead><tr><th data-bbox="51 74 221 94">DATE</th><th data-bbox="221 74 768 94">DESCRIPTION OF THE ORDER</th><th data-bbox="768 74 943 94">REMARK</th></tr></thead><tbody><tr><td data-bbox="51 94 221 943">M.A. 10/19<br/>22.11.2019</td><td data-bbox="221 94 768 943"><p style="text-align: center;"><u>Exh-2</u></p><p>Ld. Counsel Shri H.N. Dave is present on behalf of applicants.</p><p>Ld. Counsel Shri Chetan Rajpurohit is present on behalf of the respondent bank.</p><p>Counsel for the applicants has placed on record one I.A. No.2661/2019 for withdrawal purshis of this Miscellaneous Application and submitted that applicants approached the applicant bank with compromise proposal and bank accepted the said compromise proposal of Rs.22.00 lacs as full and final settlement. The applicants have already paid the said compromised amount on 13.11.2019 and now the applicants wants to withdraw this Miscellaneous Application as it is also agreed between the parties that first applicants will withdraw the M.A. and thereafter the bank will file withdrawal of the O.A. no.359 of 2019.</p><p>I have heard the Ld. Counsel for the applicants.</p><p>As the applicants have already paid the entire compromised amount of Rs.22.00 lacs on 13.11.2019, so this M.A. is become infructuous and accordingly the prayer as sought for by the applicants for withdrawal of this M.A. is granted and accordingly, this M.A. is disposed of.</p><p>Let copies of this order be supplied to the parties as per rules.</p><p style="text-align: right;">(Vinay Goel)<br/>Presiding Officer<br/>DRT-1, Ahmedabad</p></td><td data-bbox="768 94 943 943"></td></tr></tbody></table>

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