Oriental Bank of Commerce v. Kamal Johnson
Case brief
What is this about?
The Debts Recovery Tribunal dismissed an interim application under Section 14 as withdrawn by the applicant bank after settlement of the loan account and receipt of the entire outstanding amount, refunding the court fee.
What did the court decide?
Dismissal of TA no.193/2022 as withdrawn; refund of court fee.
What the court decided
A compact analysis
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Debts Recovery Tribuna!-Il, Delhi
TA/ 193e I 2022 ORIENTAL BANK OF COMMERCE Vs I(AMAL JOHNSON VICTOR AND ORS
28.08.2024
Item no. 18
Present: Shri Chancha! Kumar, counsel for applicant bank. None for defendants.
Matter is taken through Video Conferen cingl Hybrid Mode
- IA no.344212024 has been filed by the applicant bank for withdrawal of the present TA.
- The Ld. Counsel for the applicant bank has submitted that the matter has been settled on account of ors and the account of the defendants herein stood closed on z1,oT.zozz and the entire ors amount has been received by the applicant bank and the loan account has been closed accordingly and seeks permission to withdraw the present TA. He also prayed for refund of the court fee.
- In view of amicable submission, TA n(r. L93912022 is dismissed as withdrawn. Registry is directed to refund the couft fee as per rules. IA no. 344Z|ZO24 is disposed of alongwith pending IAs, if any.
File be consigned to record room.
Parties & counsel
- applicant
Oriental Bank of Commerce
- respondent
Jainal Johnson Victor and Ors.
Coram
Sushil Kumar Rastogi
Case details
As recorded by the court registry
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