Punjab National Bank v. Manish Garg and Anr.
Case brief
What is this about?
debtor (Manish Garg) withdrew an applicant bank's dispute due to amicable settlement and full payment of settlement amount via withdrawal application.
What did the court decide?
Withdrawal application allowed; main application dismissed as withdrawn; original documents returned.
What the court decided
A compact analysis
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Debts Recovery Tribunal-Il, Delhi
oA/260l2023 PUNJAB NATIONAL BANK Vs MANISH GARG AND ANR
22.04.2024
Item no. 0B
Present: Sh. Ujjwal Kumar, Counsel for applicant bank
Matter is taken through Video Conferencing.
rA no.161.gl2o24 has been filed by the appricant bank for withdrawal of the present DA.
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 oA. Ld. counsel for applicant bank atso prayed for return of the original documents.
In view of amicable settlement, IA no.16L}lzoz4 is allowed. ON26012023 is dismissed as withdrawn, being amicably settled. Registry is directed to return the original documents after keeping the certified copies on records. All the pending IAs stand disposed of.
File be consigned to record room.
Parties & counsel
- applicant
Punjab National Bank
- respondent
Manish Garg
Coram
Sushil Kumar RaSogi
Case details
As recorded by the court registry
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