The Recovery Tribunal allowed an application seeking withdrawal of a Reference Case filed by Punjab National Bank, holding the matter compromised with payment received.
Permission granted to withdraw RC no. 16 of 2013, dismissed as withdrawn; no order as to costs; original documents to be returned.
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| Date 0 order or proceeding |
DEBTS RECOVERY TRIBUNAL, PATNA Order with the Signature of the Court |
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| MA 179of 2022 | |
| 16.12.2022 | This Miscellaneous Application has been filed by applicant seeking permission to withdraw the RC no. 16 of2013 in OA no.12 of2012. 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 Neeraj Kumar, Chief Manager, Punjab National Bank, Raja Bazar Branch Patna which substantiates the contents of the application. It is also supported by a copy of letter dated 19.9.2022 address to Shri Ramjivan Prasad ld. counsel for the applicant bank with instructions to withdraw the OA in question. Under the circumstances, the MA stands allowed and RC no.16 of 2013 is dismissed as withdrawn.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. A Copy of order be sent to the parties and Ld. Recovery Officer for necessary action. Order to be uploaded on the Tribunal's website. V (Kaushalendra Yadav' Presiding Officer Patna |
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Punjab National Bank
Kaushalendra Yadav
As recorded by the court registry
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