Punjab National Bank v. Sameer
Case brief
What is this about?
Debts Recovery Tribunal allowed an application for withdrawal of an application by the applicant bank after the dispute was settled and the entire outstanding amount was received.
What did the court decide?
IA no.9955/2025 allowed; Application no.CA1254/2023 dismissed as withdrawn.
What the court decided
Debts Recovery Tribunal-Il, Delhi
oLl2s4l2023 PUNJAB NATIONAL BANK VS SAMEER HANDA
20.LL.2025 Item no.23
Present: Mr. Pawan Kumar Gupta, Counsel for applicant bank None for defendants
Matter is taken through Video Conferencing/ HybridMode.
IA no.995512025 has been filed by the applicantbank for withdrawal of thepresent OA.
%"
The Ld. Counsel for the applicantbank submits that the dispute has been settled between theapplicant bank and defefrdants. The entireoutstandingamounthas beenreceived by the bank and atpresent nothing is due against the borrowers in this account. He fufthersubmits that he wish to withdraw the present OA.
In view of the abovesubmissionmade by the Ld. Counsel for applicant bank, IAno.9955/2025 is hereby allowedand C,A125412023 is dismissedas withdrawn.
File be consigned to recordroom.
Parties & counsel
- applicant
Punjab National Bank
- respondent
Sameer Handa
Coram
Susheel Kumar Rastogi
Case details
As recorded by the court registry
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