The Debt Recovery Tribunal dismissed a transfer application as settled, noting that the applicant bank received the full amount from the defendants via a compromise joint application.
Transfer application dismissed as withdrawn due to settlement between parties.
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Debts ReovelY Tribunal-Il,Delhi
TN2(n812023 STATE BANK OF INDIAVS MS MOHAN TRADERS AND oRs
L4.08.2024
Item no.54
Present: Sh.RahulKumar, Prory Counselfor Ms. Jaya Tomar, Counsel for aPPlicantbank None for defendants
Matter is taken throughVideo Conferencing/ HybridMode.
The prory counsel for theapplicant bank has submitted that the matter has beensettledbetweenthe parties and he has received the entire amountfrom the defendants.
It is submitted that theapplicant bank and the defendantshave fited Joint application IAno.1634l2O2Ldated 17-O7-2Otg for the same. It is submittedthat the OA may be disposed of in terms of the compromise.As the matter has already been settled therefore, theTA/204812023 is dismissed as settled.
In view of the abovesubmission,TA no-163412021is dismissed as withdrawn.
File be consigned torecord room.
ili (susHrl KUMAR RASTOGI) PRESIDING OFFICER DRT-II, Delhi
c
Sh. Rahul Kumar
Ms. Jaya Tomar
State Bank of India
M/S Mohan Traders
Sushil Kumar Rastogi
As recorded by the court registry
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