Debts Recovery Tribunals and Appellate Tribunals
CENTRAL BANK OF INDIA vs Seema Gupta on 23 June 2022
IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ] (M.A No. 44/2022) Page 1 of 2
23.06.2022
Sr. No.33 M.A. No. No.44/2022
Classifi
cation
No. of
Exh.
MISCELLANEOUS APPLICATION No. 44/2022
Central Bank of India
..Applicant
Versus
Seema w/o Rakesh Gupta & others
..Respondents
Mr. S.A. Nandure h/for Mr. K.B. Deshpande – Advocate for the applicant-bank.
None for the respondents.
Due to Covid 19 situation the matter is taken through Video Conference.
1. By this Misc. Application, the learned counsel for the applicant bank seeks permission of this Tribunal to withdraw the Recovery Certificate No.22/2006 issued in Original Application No.07/2005 as the account is settled between the parties and the respondents have paid entire amount of Rs.4,57,000/- (Rupees Four Lacs Fifty-Seven Thousand only) as per settlement and the said amount has been appropriated in the loan account 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 through Video Conference:
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ORDER
A. Miscellaneous Application No.44/2022 is allowed. B. The Recovery Proceeding No.22/2006 is permitted to be withdrawn.
IN THE DEBTS RECOVERY TRIBUNAL,AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET
[SBJ] (M.A No. 44/2022) Page 2 of 2
C. Copy of this order be sent to the learned Recovery Officer for information. D. The Recovery Officer is directed to close the Recovery Proceedings. E. 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. F. Consign the file to the Record Room.
(Vimal Gupta)
Presiding Officer
Debts Recovery Tribunal, Aurangabad