Debts Recovery Tribunals and Appellate Tribunals

HOTEL BANARASI INN PVT LTD vs BANK OF BARODA on 19 December 2024

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<table border="1"><thead><tr><th data-bbox="101 87 231 134">19.12.2024</th><th data-bbox="231 87 788 134"><u>Roznama-MDRT-III</u><br/><u>M.A. No. 95 of 2024</u></th><th data-bbox="788 87 932 134">Next date</th></tr></thead><tbody><tr><td data-bbox="101 134 231 979"></td><td data-bbox="231 134 788 979"><p>Advocate Mr. Hemant Naik for the Applicant.<br/>Respondent Bank absent.</p><p>Service Affidavit filed by the counsel for the Applicant.</p><p>Case called out but there is no response from the Respondent Bank.</p><p>In view of letter issued by the Respondent Bank (Exhibit-D), the matter is amicably settled and the Respondent Bank has addressed a letter to this Tribunal to refund the amount of Rs.15 Lakhs along with the accrued interest to the Petitioner and others.</p><p>Since the matter has already been settled and there is no objection from the Respondent Bank to refund the amount lying deposited with the DRT, so, the amount of Rs.15 Lakhs along with the accrued interest be refunded to the Applicants as per the Rules and against proper receipt and identification. M.A. No.95 of 2024 stands disposed of accordingly.</p><p>File be consigned to the Record Room.</p><p style="text-align: right;"><i>John Kumar</i><br/>P.O.<br/>DRT-III</p></td><td data-bbox="788 134 932 979"><p>Closed</p></td></tr></tbody></table>

Typed by - S.S. Dhawale, P.S.

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