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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA
CHAIRPERSON
Appeal No. 286 of 2018
(Arising out of S.A. 703 of 2014 in DRT-II, Kolkata)
Order No. 14
05.7.2024
Prasanta Halder
… Appellant
-Vs-
State Bank of India
… Respondent
Mr.
Radhey
Shyam
Tiwari,
Learned Counsel for Appellant
Mr. Pankaj Kumar Mukherjee,
Counsel for Respondent Bank
THE APPELLATE TRIBUNAL :
Vide order dated 24.4.2024, Learned Counsel for
Appellant made a statement that the Appellant is willing to
settle the matter for an amount of Rs.8,50,000.00 which is
duly been accepted by the Bank.
Learned Counsel for Appellant submits that the
Appellant has already made payment of Rs.85,000.00
towards upfront amount. Today Rs.5.00 lac is deposited
through cheque in the Bank. It is further submitted that
Rs.2.00 lac is deposited with the Registrar, DRAT as
pre-deposit which may be permitted to be withdrawn so that
he could deposit the same with the bank. Further remaining
Rs.75,000.00 will be deposited within seven days. Factual
matrix of the matter is not disputed by the Learned Counsel
for Bank.
2
On the basis of the statement made by the Learned
Counsel for Appellant, appeal stands disposed of with the
following directions :
1.
Cheque of Rs.5.00 lac, deposited through cheque by
Appellant, be encashed by the Bank.
2.
Appellant should withdraw Rs.2.00 lac from the
Registrar, DRAT and deposit with the Bank within seven
days from today.
3.
Appellant
should
deposit
Rs.75,000.00
with
the
Respondent Bank within seven days.
In case of default in either of the above conditions, this
order shall stand in-operative and appeal shall stand
dismissed.
Copy of the order be supplied to Appellant and the
Respondents and a copy be also forwarded to the concerned
DRT.
File be consigned to Record room.
Order dictated, signed, dated and pronounced in open
Court.
(Anil Kumar Srivastava,J)
Chairperson
Dated 5th July, 2024
12/ac