Debts Recovery Tribunals and Appellate Tribunals
STATE BANK OF INDIA vs M/s Alfa Citronella Tel Udyog on 4 June 2024
IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ]
(MA No. 39/2024) Page 1 of 2
04.06.2024
Sr. No.43 MA No.39/2024
Classifi
cation
No. of
Exh.
MISCELLANEOUS APPLICATION No.39/2024
State Bank of India
..Applicant
Versus
M/s. Alfa Citronella Tel Udyog through
its Proprietor Smt. Shehanaz Begum w/o
Dr. Karim & others
..Respondents
Mr. R.C. Patil - 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.18/2011 issued in Original Application No.9/2009 as the loan account is settled under One Time Settlement i.e. Rinn Samadhan Scheme 2023-24
for Rs.15,00,000/- (Rupees Fifteen Lacs only) and the said amount has been deposited by the respondent and as such the loan account is closed.
2. The applicant has made out the case for withdrawal of the Recovery Certificate as it is satisfied.
3. In view of the above, I pass the following order:
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ORDER
A. Miscellaneous Application No. 39/2024 is allowed.
IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET [SBJ] (MA No. 39/2024) Page 2 of 2
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