Debts Recovery Tribunals and Appellate Tribunals

SHRINATH INDUSTRIES vs CENTRAL BANK OF INDIA on 21 June 2021

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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD

(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

ORDER SHEET

[APK] ( RA (diary) No.207/2020) Page 1 of 2

21.06.2021

Sr. No.938 RA (diary)No.207/2020

Classific

ation

No. of

Exh.

INTERLOCUTORY APPLICATION NO. 437/2021

IN

REVIEW APPLICATION (diary)No.207/2020

M/s Shreenath Industries & others

..Applicants

Versus

The Central Bank of India

..Respondent

Mr. B.G.Sagade Patil – Advocate for the applicants.

None for the respondent bank.

Due to Covid 19 situation the matter is taken through Video Conference.

1. Mr. B.G.Sagade Patil, advocate for the applicants, 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. The applicants submit that a settlement has been arrived between parties under One Time Settlement Scheme for Rs.35,00,000/- (Rupees Thirty-Five Lac only) and the entire settlement amount has been paid by the applicants and the respondent bank has closed the account and has issued no-dues certificate.

3. The applicants therefore, seek permission of this Tribunal to withdraw the Review Application.

4. The applicant has made out the case for withdrawal of the Review Application.

IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD

(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

ORDER SHEET

[APK] ( RA (diary) No.207/2020) Page 2 of 2

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ORDER

In view of the above, I pass the following order through Video Conference: A. Interlocutory Application No.437/2021 is allowed. RA(diary) no.207/2020 is disposed off as withdrawn. B. Consign the file to the record room. Both the parties may download the order from the official web- site which will be treated as a true copy as due to COVID 19 & staff constraints, the certified copies cannot be issued as of now till further orders.

(Vimal Gupta)

Presiding Officer

Debts Recovery Tribunal, Aurangabad

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