Debts Recovery Tribunals and Appellate Tribunals

STATE BANK OF INDIA vs SHREYANS MOTORS PVT LTD on 11 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.7

Classifi

cation

No.

of

Exh.

INTERLOCUTORY APPLICATION No.238 of 2021

In

ORIGINAL APPLICATION

No.477 of 2021

State Bank of India

… Applicant.

Versus

M/s. Shreyans Motors Pvt. Ltd. &

Ors.

… Defendants.

Ms Asmita Maurya i/b Mr Vivek S. Sawant – Advocate for the applicant.

None for defendants.

Shri Deepak M. Thakkar

11th February, 2021.

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ORDER

1. The applicant seeks the permission to withdraw the Original Application on the ground that the matter has been amicably settled between the parties vide letter dated 26th March 2020.

2. It is stated that the applicant has received the sum of ₹25

crores in full and final satisfaction of its claim. The applicant also seeks refund of the court fees.

3. The Interlocutory Application No.238 of 2021 is allowed with no order as to costs.

Sd/- (Deepak M. Thakkar)

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

11.02.2021 Sr. No.7 OA No.477 of 2017 classifi- cation No. of Exh.

Ms Asmita Maurya i/b Mr Vivek S. Sawant – Advocate for the applicant. None for defendants.

1. Order in Interlocutory Application No.238 of 2021 passed separately.

2. In view of the order passed in Interlocutory Application No.238 of 2021, Original Application No.477 of 2017 stands disposed of as withdrawn with no order as to costs.

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

Sd/-

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

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