Debts Recovery Tribunals and Appellate Tribunals

STATE BANK OF INDIA vs M/S C M ALLOYS PVT LTD on 18 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.107 of 2021

In

ORIGINAL APPLICATION

NO.294 of 2017

State Bank of India

… Applicant.

Versus

C.M. Alloys

… Defendants.

Mr Pradeep Bhor i/b M/s. M.V. Kini & Co. – Advocates for the applicant.

Ms Sanjana Ghogare – Advocate for defendant nos.1,2 & 4.

None for other defendants.

Shri Deepak M. Thakkar

18th February, 2021.

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ORDER

1. The parties have amicably settled the matter pursuant to the SBI OTS 2020 scheme propounded by the applicant. Pursuant to the scheme, the borrowers made the payment in the sum of Rs.2,97,19,188.60 and has also availed the 15% incentive of making the payment in advance. The applicant has placed on record the evidence by way of annexure A and B to

the application.

2. The applicant seeks the permission to withdraw the Original Application and refund of the court fees.

3. The permission to withdraw the Original Application is granted.

4. Interlocutory Application No.107 of 2021 is allowed with no order as to costs.

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

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

18.02.2021 Sr. No.8 OA No.294 of 2017 classifi- cation No. of Exh. Mr Pradeep Bhor i/b M/s. M.V. Kini & Co. – Advocates for the applicant. Ms Sanjana Ghogare – Advocate for defendant nos.1,2 & 4. None for other defendants.

1. Order in I.A. No.107 of 2021 passed separately.

2. In view of the order passed in I.A. No.107 of 2021, Original Application No.294 of 2017 stands disposed of as withdrawn with no order as to costs.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 the Rules.

4. The Registrar to return the original documents to the authorized officer of the applicant as per Rules.

Sd/-

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

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