Debts Recovery Tribunals and Appellate Tribunals

CANARA BANK vs M/S OMKAR ENTERPRISES on 24 December 2020

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IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI

(BEFORE HON’BLE PRESIDING OFFICER)

(THROUGH VIDEO CONFERENCE)

ORDER SHEET

Sr. No.4

Classifi

cation

No.

of

Exh.

INTERLOCUTORY APPLICATION No.734 of 2020

In

ORIGINAL APPLICATION

NO.1862 of 2016

Canara Bank

… Applicant

Versus

M/s. Omkar Enterprises

… Defendant

Ms Vaishali Bhilare – Advocate for the applicant.

None for defendant.

Shri Deepak M. Thakkar

Presiding Officer,

24th December, 2020.

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ORDER

1. The learned counsel for the applicant seeks permission to withdraw the Original Application on the ground that it has amicably settled under one time settlement scheme. The applicant has received a sum of Rs.20 lakhs as set out in paragraph nos.2 & 3.

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

3. Ms Vaishali Bhilare submits that interim order was granted in the Original Application which may be vacated. The applicant has also seeks refund of court fees.

4. Interlocutory Application No.734 of 202 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

24.12.2020 Sr. No.4 OA No. 1862 of 2016 classifi- cation No. of Exh. Ms Vaishali Bhilare – Advocate for the applicant. None for defendant.

1. Order in I.A. No.734 of 2020 is passed separately.

2. Interim order passed in the I.As stands vacated.

3. In view of the order passed in I.A., O.A. stands disposed of as withdrawn with no order as to costs.

4. The Registrar is directed to refund court fees as per rules.

Sd/-

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

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