In a settlement matter, the Debts Recovery Tribunal allowed the applicant bank's motion to withdraw a recovery certificate, dismissing it as withdrawn upon confirmation of compromise.
Recovery Certificate No. 453 of 2019 dismissed as withdrawn; original documents to be returned to the applicant bank.
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Office action taken with datu
| _. Date'oforder |
DEBTS RECOVERY TRIBUNAL, PATNA |
|---|---|
or proceeding |
Order with the Signature of the Court |
| MA 46 of2023 | |
| 15.04.2023 | The case has been taken up in Lok Adalat. Parties have been encouraged for settlement. |
| This Miscellaneous Application has been filed by applicant seeking permission to withdraw the RC no. 453 of 2019in OA no.16 of 2019. It is stated therein that the matter has been compromised and the said amount has been received by the applicant bank. This application is supported by an affidavit of Shri Krishna Sharan Mishra, Chief Manager, Punjab National Bank, Circle Office, Chankya Tower, R Block, Patna which substantiates the contents of the application. |
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| Under the circumstances, the MA stands allowed and RC no.453 of 2019 is dismissed as withdrawn.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. A Copy of order be sent to the parties and Ld. Recovery Officer for necessary action. |
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| Order to be uploaded on the Tribunal's website Patna \v/ (Kaushalendra Yadav_j_ Presiding Officer |
Punjab National Bank
Debts Recovery Tribunal, Patna
Kaushalendra Yadav
As recorded by the court registry
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