Debts Recovery Tribunals and Appellate Tribunals

STATE BANK OF INDIA vs UVICOM POWER TECHNOLOGIES PVT LTD on 23 March 2021

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IN THE DEBTS RECOVERY TRIBUNAL LUCKNOW

Present: A. H. Khan, Presiding Officer

Dated of order 23.3.2021

In

R.A. No. 01 of 2021

**Sl. No. 49 (Jabalpur)**

Present:-

<table border="1"><tr><td>Ld. Counsel for the applicant bank</td><td>Mr. Akhilesh Choubey</td></tr><tr><td>Ld. Counsel for the respondent</td><td>None</td></tr></table>

Counsel for the applicant bank stated that present review application has been filed by the bank for correction in the order dt. 29.12.2020 passed by this Hon'ble Tribunal. He pointed out that in place of Rs. 2,32,00,130/- it has been wrongly mentioned as Rs. 2,32,130/-. Further, the bank had already adjusted Rs. 15.00 lacs deposited by the borrower in the year 2018, but this Tribunal had directed the bank to adjust the said amount. The period of repayment is upto 31.3.2021.

None for the respondents despite service of notice.

Heard the Counsel for the bank. The original record of S.A. is not available before this Tribunal at DRT Lucknow, during the course of hearing the counsel for the bank had supplied one letter. On perusal of the letter of the bank and the order passed by this tribunal, some typographical mistake regarding the amount is reflected which required correction. It is the further argument of the counsel for the bank that bank had already adjusted Rs. 15.00 lacs deposited by the respondents in the year 2018, but it was again directed to be adjusted. I have given my thoughtful consideration on this aspect and I feel judicious to direct that if the said amount is already adjusted, the same shall not be adjusted again, but the bank is required to satisfy the borrower regarding the adjustment of the said amount by supplying the statement of account of that period.

With the above, observation, the present review application is disposed of finally.

Let the file be consigned to record.

Sd/L

(A. H. Khan) Presiding Officer Addl. Charge, DRT Jabalpur

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