Debts Recovery Tribunals and Appellate Tribunals
Mr Manish B Vaghela vs Shriram Housing Fianance Ltd on 12 June 2023
**IN THE DEBTS RECOVERY TRIBUNAL-II AT AHMEDABAD**
**(Laxman Madnani, Presiding Officer)**
M.A.No.55 of 2019
Date of Filing : 08.11.2019
Date of Decision : 09.06.2023
MR.MANISH B. VAGHELA & ANR.
.....APPLICANTS
VERSUS
SHIRAM HOUSING FINANCE LTD.,
.....RESPONDENT
**Appearance:**
Mr.Ritesh Patadia, Ld. Counsél appeared for the Applicants Mr.D.D.Chauhan, Ld. Counsel appeared for the Respondent/FI
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**ORDER**
1. 1. Today, this matter has come up for hearing.
2. 2. Ld. Counsel for the Respondent/FI submitted that the present Misc. Application is filed by the Applicants pursuant to the disposal of S.A. No. 248 of 2019 by this Tribunal vide order dated 19.09.2019, which was filed by the Applicants herein for extension of time for repayment of the remaining OTS amount in terms of settlement arrived at between the parties.
3. 3. Ld. Counsel for the Respondent/FI has filed a purshis at Ex.R/05, submitting *inter alia* that during the pendency of the present MA, the Applicants have approached the Respondent/FI with OTS and Respondent/FI has accepted the same. It is further submitted that the Applicants have also deposited the entire OTS amount with the Respondent/FI and therefore in view of the said development, the present Misc. Application may be disposed of, accordingly by passing appropriate orders.
4. 4. Ld. Counsel for the Applicants submitted that in view of the purshis filed by the Respondent/FI at Ex.R/05, he has no objection if the present Misc. Application is disposed of.
5. 5. Considering the submissions made by the Ld. Counsel for the parties that the matter has been settled between the parties, I deem it proper to dispose of the present Misc. Application, accordingly.
6. 6. M.A. No.55 of 2019 stands disposed of along with all pending applications, if any, with no order as to cost.
7. 7. File be consigned to records.
(LAXMAN MADNANI) PRESIDING OFFICER DRT-II, AHMEDABAD