Authority: High Court of Odisha at Cuttack
Order Date: 03 November 2026
Case Overview
- Parties: The Urban Cooperative Bank Ltd., Cuttack (Petitioner) represented by Advocate J.K. Mohanty vs. Registrar, Debts Recovery Appellate Tribunal, Kolkata & others (Opposite Parties).
- The petition challenged the DRT settlement order dated 16 September 2017 (O.A.No.31 of 2016) and the DRAT order dated 5 October 2023 (Appeal No.228 of 2018).
- The Bank alleged that the DRT settlement was executed without its consent.
- The Court examined the settlement order and found that the Bank’s Law Officer had signed the document, indicating consent.
- The Court considered the petition’s contentions untenable and found no merit.
Final Outcome
- The writ petition is dismissed in its entirety; the orders of the DRT and DRAT remain effective.
Topics: Legal; Banking