The Debt Recovery Tribunal, Patna allowed a miscellaneous application by an applicant bank, dismissing a recovery certificate as withdrawn upon settlement and payment of the amount. The matter was taken up in a Lok Adalat.
MA stands allowed; RC dismissed as withdrawn; original documents returned to applicant bank; copy sent to Recovery Officer.
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| Date of order or proceeding |
DEBTS RECOVERY TRIBUNAL, PATNA Order with the Signature of the Court |
Office action taken with data |
|---|---|---|
| MA 58 of2023 | ||
| 15.04.2023 | The case has been taken up in Lok Adalat. Parties have been encouraged for settlement. |
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| This Miscellaneous Application has been filed by applicant seeking permission to withdraw the RC no. 294 of2019 in OA no.809 of2018. 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 Pramod Kumar Mishra, Chief Manager, Punjab National Bank, SASTRA Head, SASTRA, Co Patna, R. Block Patna which substantiates the contents of the application. Under the circumstances, the MA stands allowed and RC no.294 of 2019 is dismissed as withdrawn.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. V (Kaushalendra Yadav Presiding Officer Patna |
Punjab National Bank
Respondent
Kaushalendra Yadav
As recorded by the court registry
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