Debts Recovery Tribunals and Appellate Tribunals

BANK OF INDIA vs KISHOR THAKKAR on 15 April 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.901

Classifi

cation

No.

of

Exh.

INTERLOCUTORY APPLICATION No.481 of 2021

In

ORIGINAL APPLICATION NO.1833 of 2016

Bank of India

… Applicant

Versus

Mr Kishor P. Thakkar & Ors.

… Defendants

Ms Mansi i/b Mr Biju Jacob – Advocate for the applicant.

None for defendants.

Shri Deepak M. Thakkar

Presiding Officer,

15th April, 2021.

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ORDER

1. The parties have amicably settled the dispute during the Original Application’s pendency. The applicant has recovered the sum of Rs.33 lakhs as full and final satisfaction of its claim. On 4th December 2018, the applicant closed defendant’s loan account. The applicant issued no due certificate on 12th March 2021.

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

3. Interlocutory Application No.481 of 2021 is allowed with no order as to costs.

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

IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI (BEFORE HON’BLE PRESIDING OFFICER) (THROUGH VIDEO CONFERENCE) ORDER SHEET 15.04.2021 Sr. No.901 OA No.1833 of 2016 classifi- cation No. of Exh.

Ms Mansi i/b Mr Biju Jacob – Advocate for the applicant. None for defendants.

1. Order in I.A. No.481 of 2021 passed separately.

2. In view of the order passed in I.A. No.481 of 2021, O.A. No.1833 of 2016 stands disposed of as withdrawn with no order as to cost.

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

Sd/-

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

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