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Calcutta High CourtAP/3/2022dismissed for default

Saikat Ganguly And ANR v. Idfc First Bank Ltd

2025-01-08Hon'Ble Justice Shampa Sarkar1 pages

OD 7

IN THE HIGH COURT AT CALCUTTA

Ordinary Original Civil Jurisdiction ORIGINAL SIDE AP/3/2022 SAIKAT GANGULY AND ANR VS IDFC FIRST BANK LTD.

BEFORE:

The Hon'ble JUSTICE SHAMPA SARKAR Date : January 8, 2025 Mrs. Tutul Das Singh, Adv.

Mr. A. Singh, Adv. Mr. Ranjit Singh, Adv.

Mr. Ratul Deb Banerjee, Adv.

Ms. A. Ray, Adv.

..for respondent The Court :- The award holder/IGFC First Bank has handed up a document which is a "No Due Certificate" issued to the borrower. According to the bank, the awarded amount has been paid and nothing remains to be decided in the application under Sec. 34 of the Arbitration & Conciliation Act, 1996. None appears in support of this application.

Accordingly, the "No Due Certificate" is retained with the records and the application under Section 34 is dismissed for default. The award-holder submits that the award has been satisfied.

(SHAMPA SARKAR, J.) pkd/GH