Debts Recovery Tribunals and Appellate Tribunals
STATE BANK OF INDIA vs Shankar Bhise on 7 April 2022
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[APK] (MA No. 33/2022) Page 1 of 2
07.04.2022
Sr. No.03 MA No.33/2022
Classifi
cation
No. of
Exh.
MISCELLANEOUS APPLICATION No.33/2022
IN
ORIGINAL APPLICATION NO. 202/2014
State Bank of India
..Applicant
Versus
Shankar Namdeo Bhise & another
..Respondents
Mrs. A.B.Karadkhedkar - Advocate for the applicant bank None for the Respondents.
Due to Covid 19 situation the matter is taken through Video Conference.
1. Mrs. A.B.Karadkhedkar, 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.42/2017 issued in Original Application No. 202/2014 as the account is amicably settled between the parties under OTS Rin Samadhan and the respondents have paid the Settlement amount of Rs.1,60,000/- (Rupees One Lac Sixty 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
[APK] (MA No. 33/2022) 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.33/2022 is allowed.
B. Registry is directed to send the copy of this order to the learned Recovery Officer for information. C. The Recovery Officer is directed to close the Recovery Proceedings bearing no. 42/2017. 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