IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL ORIGINAL ORIGINAL CIVIL JURISDICTION CIVIL JURISDICTION CIVIL JURISDICTION SUIT SUIT SUIT NO.3486 OF 1986 NO.3486 OF 1986 NO.3486 OF 1986 State Bank of Hyderabad ... Plaintiffs. V/s. Mrs. Murti Devi Goel & Anr. ... Defendants. Mr. Prakash Shinde i/by M/s. M. Dhruve & Co. for the plaintiffs. Mr. D. R. Jhuriya for the defendants. CORAM CORAM CORAM : ANOOP V. MOHTA,J. : ANOOP V. MOHTA,J. : ANOOP V. MOHTA,J. DATED DATED DATED : 18th April, 2007 : 18th April, 2007 : 18th April, 2007 P.C. P.C. P.C. A plaintiff bank has filed a present suit for recovery of loan amount. The defendant’s proposal for settlement of dues has been agreed as recorded in a letter dated 16/11/2006 issued by the Deputy General Manager of the plaintiff. It is further endorsed by the borrower and the gurantor. The xerox copy, marked "X", is taken on record. The plaintiff admittedly has no objection. In view of this, the present suit is disposed of as the defendants are handing over to the plaintiffs’ advocate a pay order of Rs.7,30,000/- (Rupees seven lacs thirty thousand only) dated 13th April, 2007 drawn on The Maharashtra State Co-operative Bank Limited, Mumbai and admittedly the ( 2 ) defendants have made a payment of Rs.20,000/- (Rupees twenty thousand only) by pay order dated 17/10/2006 drawn on The Maharashtra State Co-operative Bank Limited. In view of this as per the instructions of the plaintiff’s Officer Mr. G. Subharao, Assistant Manager of State Bank of Hyadrabad, Main Branch the plaintiff’s advocate accepting this pay order towards Rs.7,50,000/- (Rupees seven lacs fifty thousand only) towards full and final settlement of the claim. 2. In view of this, nothing survives in this suit as the matter is settled between the parties. The suit is disposed of with liberty. [ANOOP [ANOOP [ANOOP V. MOHTA, J.] V. MOHTA, J.] V. MOHTA, J.]