Debts Recovery Tribunals and Appellate Tribunals

CENTRAL BANK OF INDIA vs Shri Ekvira Ginning Industries on 4 June 2024

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IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD

(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

ORDER SHEET

[SBJ]

(MA No. 37/2024) Page 1 of 2

04.06.2024

Sr. No.40 MA No.37/2024

Classifi

cation

No. of

Exh.

MISCELLANEOUS APPLICATION No.37/2024

Central Bank of India

..Applicant

Versus

Shri Ekvira Ginning Industries through

its Proprietor Mr. Mahendra Bhila Wani &

others

..Respondents

Mr. K.B. Deshpande - Advocate for the applicant None for the Respondents.

The matter is taken through Hybrid.

1. By this Misc. Application, the learned counsel for the applicant bank seeks permission of this Tribunal to withdraw the Recovery Proceeding No.67/2008 issued in Original Application No.42/2008

which

was

decided

on

12-11-2008 as the loan account is compromised under One Time Settlement for Rs.29,181/- (Rupees Twenty-Nine Thousand One Hundred Eighty-One only) on 20/03/2018

and the said amount has paid by the respondent and as such the loan account is closed on 09th February, 2023.

2. The applicant has made out the case for withdrawal of the Recovery Certificate as it is satisfied.

IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD

(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

ORDER SHEET

[SBJ]

(MA No. 37/2024) Page 2 of 2

3. In view of the above, I pass the following order:

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ORDER

A. Miscellaneous Application No. 37/2024 is allowed.

B. Copy of this order be sent to the learned Recovery Officer for information. C. The Recovery Officer is directed to close the Recovery Proceedings and also consigned to the record room. D. The Recovery Officer may look into the factum with the original documents if in the file, the same shall be returned to the applicant bank as per procedure. E. Consign the file to the Record Room.

(Vimal Gupta)

Presiding Officer

Debts Recovery Tribunal, Aurangabad

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