Disposed
Punjab National Bank v. M S Lotus Furniture Udyog
DRTMA/59/2023
What the court decided
AI extract
Outcome
Disposed
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DEBTS RECOVERY TRIBUNAL, PATNA Order with the Signature of the Court MA 59 of2023
• Date otorder or proceeding
Office action taken with data
| 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. 33 of2019 in OA no.383 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 Vishnu Kumar Verma, Chief Manager, Punjab National Bank, SASTRA Head, Circle SASTRA, G.M. Road, Darbhanga which substantiates the contents of the application. |
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| Under the circumstances, the MA stands allowed and RC no.33 of 2019 is dismissed as withdrawn.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. |
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| Order to be uploaded on the Tribunal's website. <br>/ 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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