Debts Recovery Tribunals and Appellate Tribunals
CENTRAL BANK OF INDIA vs M/s. Sukhsagar Dairy Products Pvt. Ltd. on 31 March 2022
IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[MKA/SBJ] (MA No. 32/2022) Page 1 of 2
31.03.2022
Sr. No.02 M.A No.32/2022
Classifi
cation
No. of
Exh.
MISCELLANEOUS APPLICATION No.32/2022
IN
ORIGINAL APPLICATION NO.413-A/2001
Central Bank of India
..Applicant/s
Versus
M/s Sukhsagar Dairy Products Pvt Ltd and others
..Respondents
Mr. K.B. Deshpande – Advocate for the applicant None for the respondent-bank.
Due to Covid 19 situation the matter is taken through Video Conference.
1. Mr. K.B. Deshpande, the learned counsel appearing for the applicant bank, requested to Registry for listing the matter through video conference due to Covid-19 situation as per extent guidelines. Thus, the matter is placed through Video Conference.
2. By this Misc. Application, the learned counsel for the applicant bank seeks permission of this Tribunal to withdraw the Recovery Certificate No.70/2004 issued in Original Application No.413-A/2001 as the settled the matter between the parties and the respondents have paid the entire Settlement amount of Rs.7,50,000/- (Rupees Seven Lacs Fifty Thousand only).
3. 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
[MKA/SBJ] (MA No. 32/2022) Page 2 of 2
4. In view of the above, I pass the following order through Video Conference:
Citations and Judicial Treatment
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ORDER
A. Miscellaneous Application No.32/2022 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. D. The Recovery Officer may look into the factum in respect of original documents if they are in the file, the same shall be returned to the applicant bank as per rules. E. Consign the file to the Record Room.
(Vimal Gupta)
Presiding Officer
Debts Recovery Tribunal, Aurangabad