The Debts Recovery Tribunal allowed an applicant bank's application to withdraw a transfer application due to an amicable settlement and full payment of the settlement amount, thereby dismissing the transfer application.
TA/93612022 allowed; IA no.246712023 allowed; TA/93612022 dismissed as withdrawn.
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Debts Recovely Tribunal-Il, Delhi
TA/93612022
STATE BANK OF INDIA Vs M/S BNT MOTORSpVT. LTD AND ORS.
20.L0.2023
Item no. 04
Present: Sh. Siddharth Singh, Counsel for applicant bank
Matter is taken through Video Conferencing.
IA no.246712023 has been filed by the applicant bank for withdrawal of the present TA.
The Ld. Counsel for the applicant bank submits that the matter is amicably settled between the pafties and the entire amount of settlement has been paid. He further submits that he wish to withdraw the present TA.
In view of amicable settlement, IA no.246712023 is allowed. TA/93612022 is dismissed as withdrawn, being amicably settled.
File be consigned to record room.
9'
(SUSHIL KUMAR RASIOGI) PRESIDING OFFICER, DRT-II, Delhi
STATE BANK OF INDIA
M/S BNT MOTORS PVT. LTD
SUSHIL KUMAR RASIOGI
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
