Debts Recovery Tribunals and Appellate Tribunals

HDFC BANK vs Shah and Joshi Pvt Ltd on 9 February 2021

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IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI

(BEFORE HON’BLE PRESIDING OFFICER)

(THROUGH VIDEO CONFERENCE)

ORDER SHEET

Sr. No.8

Classifi

cation

No.

of

Exh.

INTERLOCUTORY APPLICATION No.56 of 2021

In

MISCELLANEOUS APPLICATION

No.28 of 2018

HDFC Bank Ltd.

… Applicant.

Versus

M/s. Shah & Joshi Pvt. Ltd. & Ors.

… Defendants.

Ms Nilmani Taparia i/b Mrs Uma Fadia – Advocate for the applicant.

None for defendants.

Shri Deepak M. Thakkar

9th February 2021.

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ORDER

1. The applicant has approached this Tribunal seeking permission to withdraw the Original Application as the matter has been amicably settled between the parties. The applicant has received the sum of ₹95.43 lakhs in full and final satisfaction of its claim.

2. Mr Damodar Shenoy, the authorized officer of the applicant, has confirmed the aforesaid facts by filing his

affidavit. In his affidavit, it is stated that the applicant does not intend to proceed further in the Original Application.

3. The permission to withdraw the Original Application is granted. Miscellaneous Application is allowed in terms of prayer clause (a) with no order as to cost.

Sd/- (Deepak M. Thakkar) Presiding Officer, D.R.T.No.2, Mumbai Sagar

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

09.02.2021 Sr. No.8 MA No.28 of 2018 classifi- cation No. of Exh.

Ms Nilmani Taparia i/b Mrs Uma Fadia – Advocate for the applicant. None for defendants.

1. Order in Miscellaneous Application No.28 of 2018 passed separately.

2. In view of the order passed in Miscellaneous Application No.28 of 2018, Original Application No.1264 of 2016 stands disposed of with no order as to cost.

3. The Registrar is directed to refund court fees as per Rules.

Sd/-

D.R.T.No.2, Mumbai Sagar

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