The Debts Recovery Tribunal allowed a miscellaneous application filed by the applicant bank seeking permission to withdraw a recovery certificate on the grounds of settled compromise and receipt of the compromise amount.
Miscellaneous application allowed; Recovery Certificate dismissed as withdrawn.
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Office action taken with data
| Date 0 rder or proceeding |
DEBTS RECOVERY TRIBUNAL, PATNA Order with the Signature of the Court MA 192 of 2022 |
|---|---|
| 06.02.2023 | This Miscellaneous Application has been filed by applicant seeking permission to withdraw the RC no. 268 of2017 in OA no.578 of2016. 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 Shashi Ranjan Choudhary S/o Shri Krishna Dev Choudhary, Chief Manager, State Bank of India, SARB, Patna which substantiates the contents of the application.Itis also supported by a copy of letter dated 1.7.2022 address to Shri Ajit Pratap Singh ld. counsel for the applicant bank with instructions to withdraw the OA in question. Under the circumstances, the MA stands allowed and RC no.268 of 2017 is dismissed as withdrawn.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. Patna (Kaushalendra Yadav Presiding Officer |
State Bank of India
Respondent
Kaushalendra Yadav
As recorded by the court registry
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