Debts Recovery Tribunals and Appellate Tribunals
BANK OF BARODA vs Kamlakar Ambade on 13 April 2022
IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ]
(MA No. 35/2022) Page 1 of 2
13.04.2022
Sr. No.01 MA No.35/2022
Classifi
cation
No. of
Exh.
MISCELLANEOUS APPLICATION No.35/2022
Bank of Baroda
..Applicant
Versus
Kamlakar Nanasaheb Ambade & others
..Respondents
Mr. S.R. Vakil - Advocate for the applicant None for the Respondents.
Due to Covid 19 situation the matter is taken through Video Conference.
1. Mr. S.R. Vakil, 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. 80/2014 issued in Original Application No. 65/2013 as the account is amicably settled between the parties and the respondents have paid entire amount of Rs.30 Lacs (Rupees Thirty Lacs only) on 4th September, 2021 as per settlement and the said amount has been appropriated in the loan account and as such the loan account is closed.
3. The applicant has made out the case for withdrawal of the IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ]
(MA No. 35/2022) Page 1 of 2
Recovery Certificate as it is satisfied.
4. In view of the above, I pass the following order through Video Conference:
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
0
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
ORDER
A. Miscellaneous Application No. 35/2022 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 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