Debts Recovery Tribunals and Appellate Tribunals
MS SHRI KRISHNAN TRADINGS vs UNION BANK OF INDIA on 4 January 2021
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CASE No.... REMA DATE DESCRIPTION OF THE ORDER MA 76/20 04/01/21 Counsel for applicant is present. Counsel for respondent bank is present. Counsel for Respondent Bank submitted that there is an appeal pending before Hon'ble DRAT against the order passed by this tribunal and counsel for applicant prayed this tribunal that to show the lenient view and pass orders in MA 76/20. Appeal is pending before Hon'ble DRAT, this tribunal is not inclined to grant any order but the applicant wants to pay any amount is at liberty to pay the amount to the respondent bank and respondent bank is directed to take the deposits made by the applicant. In the above circumstances, the applicant is at liberty to submit OTS, Bank is directed to show lenient view and disposed the OTS, if submitted by the applicant. With these observations MA is disposed. (P. Ravi Kiran) B.Com. M.L. Presiding Officer DRT, Cuttack Camp at DRT, Jabalpur