Debts Recovery Tribunal allowed an application by HDFC Bank and M/s Jai Ambey Casting Pvt Ltd to withdraw initiation of recovery proceedings and directed closure of Recovery Case no. 03/2025 in full satisfaction of dues.
Recovery proceedings withdrawn and Recovery Case no. 03/2025 directed to be closed; file consigned to record room.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 8
Case No. MA/170/2025
HDFC BANK VS M/S JAI AMBEY CASTING PVT LTD
Date: 28.10.2025
Proceedings through hybrid mode
Present:
Ms. Praneeta Agarwal, Counsel for the Applicant
This MA has been filed by the applicant with a prayer to withdraw recovery proceedings being initiated so far with Recovery Case no. 03/2025 in OA/1310/2022 and Learned Recovery Officer be directed to get the recovery proceedings closed in RC/03/2025 in complete/full satisfaction of dues of the applicant bank.
Prayer stands allowed.
Accordingly, MA stands disposed of as allowed and Recovery Officer is directed to close the recovery proceedings in the above mentioned RC and consign the file to record room.
File be consigned to record as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
HDFC Bank
M/s Jai Ambey Casting Pvt Ltd
Vimal Gupta
As recorded by the court registry
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