Miscellaneous application filed by Yes Bank seeking closure of recovery proceedings due to settlement of the matter, which was granted with a direction to the Recovery Officer to return title documents.
Directed to close proceedings under RC No. 256/2023 and return original documents to Yes Bank.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 18
Case No.MA/163/2025 IN OA/856/2022
YES BANK Vs JAI SHREE RAM CONSTRUCTION COMPANY
Date: 10.10.2025.
Proceedings through hybrid mode Present:
Shri Avinash Kumbhaj, Counsel for the Applicant
Counsel for the applicant has filed this Misc. Application in OA no. 856/2022 which was decided by this Tribunal and he submitted that the matter has been settled with the applicant bank, therefore, he prayed that the recovery proceedings pending before the Ld. Recovery Officer in Recovery Certificate No. 256/2023 may kindly be closed and return the original title documents.
Heard arguments.
The Ld. Recovery Officer is directed to close the proceedings of Recovery Certificate No. 256/2023 and Registry is directed to return the original documents, if any, to the Authorized Officer of the applicant bank after acknowledgement of the same.
Accordingly, file of Misc. Application and Recovery Certificate be consigned to record. Copy of order be uploaded on website and sent to the Ld. Recovery Officer.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
YES BANK
JAI SHREE RAM CONSTRUCTION COMPANY
Vimal Gupta
As recorded by the court registry
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