Debts Recovery Tribunals and Appellate Tribunals
RAVI WATER SUPPLIER AND ORS vs SHRIRAM CITY UNION FINANCE LTD on 2 May 2023
**IN THE DEBTS RECOVERY TRIBUNAL-II AT AHMEDABAD
(Laxman Madnani, Presiding Officer)**
M.A.No.11 of 2022
Date of Filing : 23.05.2022
Date of Decision : 02.05.2023
M/S.RAVI WATER SUPPLIER & ORS.
.....APPLICANTS
VERSUS
SHIRAM CITY UNION FINANCE LTD.,
.....RESPONDENT
Appearance:
Ms.Naziya Halwawala, Ld. Proxy Counsel for Mr.Ritesh Patadia, Ld. Counsel appeared for the Applicants Mr.Keshav Chopra, Ld. Proxy Counsel for Mr.L.M.Patel, Ld. Counsel for the Respondent Bank
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ORDER
1. 1. Today, this matter has come up for hearing on withdrawal purshis so filed by the Applicants at Exh. A/07.
2. 2. Ld. Counsel for the Applicants has filed a withdrawal purshis as Ex.A/07, submitting inter alia that the account in question is amicably settled between both the parties and No-Dues Certificate dated 23.03.2023 has been issued by the Respondent Bank. Hence, as per the instructions of the Applicants, no cause survives to continue with the present Misc. Application, hence, requests to pass appropriate order for withdrawal of the present Misc. Application.
3. 3. Per contra, Ld. Counsel for the Respondent Bank submitted that in view of the submissions made by the Ld. Counsel for the Applicants, he has no objections, if the Misc. Application may be disposed of.
4. 4. Considering the submission made by the Ld. Counsel for the Applicants that since no cause survives, Applicants intend to withdraw the Misc. Application, the present Misc. Application is dismissed as withdrawn.
5. 5. Let the file be consigned to records.
**(LAXMAN MADNANI) PRESIDING OFFICER DRT-II, AHMEDABAD**