The Debts Recovery Tribunal allowed a miscellaneous application for permission to withdraw recovery proceedings (RC no. 480 of 2019 in OA no. 998 of 2018) after the applicant bank reported receiving the compromise amount.
MA allowed; RC no. 480 of 2019 dismissed as withdrawn.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
Date of order or proceeding
22.11.2022
| DEBTS RECOVERY TRIBUNAL, PATNA |
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| Order with the Signature of the Court |
| MA 174 of2022 |
| Office action |
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| taken with data |
| This Miscellaneous Application has been filed by applicant seeking permission to withdraw the RC no. 480 of2019 inOA no.998 of2018. It is stated therein that the matter has been compromised and the compromise amount has been received by the applicant bank. This application is supported by an affidavit of Shri Bharat Bhushan Bharti, Branch Manager, Indian Bank, Patna which substantiates the contents of the application. Under the circumstances, the MA stands allowed and RC no.480 of 2019 is dismissed as withdrawn. No order as to costs. Original documents, if any lying with the Tribunal be returned to the applicant bank as per rule. Consigned the record. |
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| A Copy of order be sent to the parties and Ld. Recovery Officer for necessary action. |
| Patna () / 17, (Kaushalendra Yadav) Presiding Officer Order be uploaded on the Tribunal's website. |
Applicant Bank
Kaushalendra Yadav
As recorded by the court registry
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