Debts Recovery Tribunals and Appellate Tribunals
BANK OF BARODA vs M/S Citizen Printing Press on 19 March 2024
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, AURANGABAD)
ORDER SHEET
[APK]
19.03.2024
Sr. No.33
M.A. No.17/2024
Classific
ation
No. of
Exh.
MISC. APPLICATION No.17/2024
Bank Of Baroda
.. Applicant
Versus
M/s Citizen Printing Press & others
.. Respondent
Mr. Kulkarni Vivek B - Advocate for the applicant.
None for respondents
1. The learned counsel for the applicant submits that the matter has been settled with the bank and accordingly they have withdrawn the Recovery Proceeding no. 86/2014 in Lok-Adalat held on 11.02.2023, but the respondent has not paid as per the terms of compromise.
2. In view of the above statement made by the counsel for the applicant, I pass the following order :
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ORDER
A. Misc. Application No.17/2024 is allowed with costs. B. The Recovery Proceeding no. 86/2014 is hereby restored. No need to issue fresh demand notice only notice for appearance be issued by the Recovery Officer. C. Consign the file to the Record Room and orders be uploaded on official web-site
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad