The respondent bank sought withdrawal of the original arbitration application. The court approved the withdrawal due to an amicably settled dispute with the entire settlement amount paid.
Withdrawal of OA no. 2222/2023 allowed; OA no. 598/2023 dismissed as withdrawn.
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Debts Recovery Tribunal-Il, Delhi
oA/se8l2o23
IDBI BANK VS DINODIA ENTERPRISES & ANR.
18.10.2023
Item no.10
Present: Sh. Deepak Kochhar, Counsel for applicant bank
Matter is taken through V.C.
IA no.222212023 has been filedby the applicant bank for withdrawal of thepresent OA.
.D
The Ld. Counsel for the applicantbank submits that the matter is amicably settledbetween the parties and the entire amount of settlementhas been paid. He further submits that he wish towithdrawthe presentOA.
In view of amicable settlement, IAno.222212023is allowed. OA/598,12O23is dismissed as withdrawn, being amicably settled.
File be consigned to recordroom.
%=* (susHrL KUMAR RASTOGI) PRESIDING OFFICE& DRT-II, Delhi
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IDBI Bank
SushrL Kumar Rastogi
As recorded by the court registry
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