Debts Recovery Tribunals and Appellate Tribunals
UCO BANK vs IPM on 16 October 2023
16/10/2023 Ex.
No.
Before Presiding Officer Dr. Rekha G. Dhakar, DRT-1, Mumbai.
Roznama in MA 36 of 2021
UCO Bank Vs M/S. IPM Industries Pvt. Ltd.
Next date
None appeared for the Applicant.
Advocate Rajlaxmi Punjabi appeared for the Respondent.
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1. Record reveals that no one has appeared on behalf of the Applicant on last occasion. Record further reveals that on 02/08/2023 the Applicant took time for taking instruction in the present matter, however, till date no information has been provided.
2. Ld. Counsel for the Respondent informs that the entire amount as per the consent terms has already been deposited and she also informed further some interest as suggested by the bank has been deposited, therefore, she submits that nothing survive in the present matter.
3. Ld. Counsel for the Respondent informed that despite depositing the entire amount to the Applicant Bank the original document including the title
SP/-22 document has not been handed over by bank and she also informed that NOC still not been issued by the bank.
4. In view of the submission made by the Ld. Counsel for the Respondent now nothing survive in the present M.A. and thus the present M.A. is hereby disposed off accordingly.
File be closed and consigned to record.
P.O. DRT-I