Debts Recovery Tribunals and Appellate Tribunals

CANARA BANK vs MR GULSHAN SHETTY on 10 May 2024

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IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI

(BEFORE HON’BLE PRESIDING OFFICER)

Sr. No.6

INTERLOCUTORY APPLICATION No.1007 of 2024

In

TRANSFERRED ORIGINAL APPLICATION

NO.223 of 2017

Canara Bank

… Applicant

Versus

Mr. Gulshan Shetty

… Defendant

Mr Shashikant Gaikwad i/b M/s. SSP Legal – Advocates for the applicant.

Mr Krishnan M. Neelkantan – Bank officer.

None for defendant.

Shri Deepak M. Thakkar

Presiding Officer,

10th May 2024.

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ORDER

1. Mr Gaikwad, representing the applicant, submits that parties have amicably settled the matter for Rs.11.50 lakhs in full and final satisfaction of the applicant’s claim. It is stated that the court fees is not debited from the borrower’s account and therefore, it is entitled for the refund. Mr Gaikwad seeks the Tribunal’s permission to withdraw the Original Application. Permission granted. Interlocutory Application No.1007 of 2024 is allowed with no order as to costs.

Sd/- (Deepak M. Thakkar)

DRT-2, Mumbai Radhika

IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI (BEFORE HON’BLE PRESIDING OFFICER) ORDER SHEET

10.05.2024 Sr. No.6 TOA No.223 of 2017 classifi -cation No. of Exh. Canara Bank Vs. Mr. Gulshan Shetty Shetty

54 Mr Shashikant Gaikwad i/b M/s. SSP Legal – Advocates for the applicant. Mr Krishnan M. Neelkantan – Bank officer. None for defendant.

1. The learned counsel for the applicant has presented I.A. No.1007 of 2024 supported by affidavit (exhibit-54) which is taken on record.

2. Order in Interlocutory Application No.1007 of 2024 passed separately.

3. In view of the order passed in I.A. No.1007 of 2024, Transferred Original Application No.223 of 2017 stands dismissed as withdrawn with no order as to costs.

4. The learned Registrar is directed to (i) return the original documents and (ii) refund the court fees as per the Rules.

Sd/-

DRT-2, Mumbai Radhika

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