Yes Bank v. Rahul Chibbar
Case brief
What is this about?
The Debt Recovery Tribunal allowed the applicant bank's application for withdrawal of a transfer application after receiving a submission that the matter was settled and the loan account was closed.
What did the court decide?
Withdrawal of transferred application allowed. Transfer application dismissed. Court fee for return.
What the court decided
Debts Recovery Tribunal-Il, Delhi
TAle73l2022 YES BANK Vs RAHUL CHIBBAR t6.08.2024 Item no. 15
Present Ms. Sonia Rawat, counsel for applicant bank.
Matter is taken through Video ConferencinglHybrid Mode.
IA no.364412024 has been filedby the applicant bank for withdrawal of thepresent TA.
The Ld. Counsel for applicantbank submittedthat the matter has been settled andthe loan accountof the defendants has beenclosed accordingly. Therefore, the applicant bankseeks to withdraw the present transfer application, assettled. She fufther submits that she alsoprayed for refundof the court fee.
In vi€w of abovesubmission, IA ne.t$fi 12024is allowed. TA/97312022isdismissedas withdrawn, beingamicablysettled. Registry is directed to returnthe couft fee as per rules. All thepending IAs stand disPosed of
File be consignedto record room.
Date on o4.o9.2o24already fixed before this Tribunal standscancelled.
e,<sup>, / (SUSHIL KUMAR RASTOGI) PRESIDING OFFICER DRT-II, Delhi
Parties & counsel
- applicant
YES BANK
- respondent
RAHUL CHIBBAR
Coram
SUSmith KUMAR RASTOGI
Case details
As recorded by the court registry
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