Debts Recovery Tribunals and Appellate Tribunals
ICICI BANK LIMITED vs MIT CHEM CORPORATION on 1 March 2021
IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI
(BEFORE HON’BLE PRESIDING OFFICER)
(THROUGH VIDEO CONFERENCE)
ORDER SHEET
Sr. No.6
Classifi
cation
No.
of
Exh.
INTERLOCUTORY APPLICATION No.126 of 2021
In
ORIGINAL APPLICATION
NO.943 of 2016
ICICI Bank Ltd.
… Applicant
Versus
M/s. MIT Chem Corporation & Ors.
… Defendants
Ms Prajakta Sakpal i/b M/s. Divekar Bhagwat & Co. –
Advocates for the applicant.
Ms Pratibha Mehta i/b Mr Gopal Swamy – Advocate for defendants.
Shri Deepak M. Thakkar
1st March, 2021.
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ORDER
1. The applicant has moved this application through Mr Sundarrajan Iyer seeking the permission of this Tribunal to withdraw the Original Application on the ground that the matter has been amicably settled between the parties. The dispute between the parties stood closed upon defendants’ having been made the payment in the sum of Rs.2,66,06,200/- as set out in paragraph no.3 of the application. The applicant also seeks refund of the court fees.
2. The learned counsel for defendant does not object for the withdrawal of the Original Application by the applicant.
3. I have perused the copy of the letter dated 4th August 2017 produced by the applicant with regard to the settlement. The applicant has also placed on record the summary of accounts as on 30th November 2017.
4. I am convinced that the parties have amicably settled the dispute out of court. The applicant is therefore permitted to withdraw the Original Application.
5. By consent of the parties, Interlocutory Application No.126 of 2021 is allowed with no order as to costs.
Sd/- (Deepak M. Thakkar)
D.R.T.No.2, Mumbai Dhawale
IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI (BEFORE HON’BLE PRESIDING OFFICER) (THROUGH VIDEO CONFERENCE) ORDER SHEET
01.03.2021 Sr. No.6 OA No.943 of 2016 classifi- cation No. of Exh.
Ms Prajakta Sakpal i/b M/s. Divekar Bhagwat & Co. – Advocates for the applicant. Ms Pratibha Mehta i/b Mr Gopal Swamy – Advocate for defendants.
1. The learned counsel for the applicant has filed today service affidavit (exhibit-13) which is taken on record.
2. Order in Interlocutory Application No.126 of 2021 passed separately.
3. In view of the order passed in I.A. No.126 of 2021, Original Application No.943 of 2016 stands disposed of with no order as to costs.
4. The Registrar is directed to refund the court fees as per the Rules.
Sd/-
D.R.T.No.2, Mumbai Dhawale