The Debts Recovery Tribunal allowed the applicant bank's application for withdrawal of the present order, stating that the defendant had regularized their loan account and received a renewed credit facility.
Application for withdrawal of the present order allowed.
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Debts Recovery Tribunal-Il,Delhi
oLls74l2o2s
CANARA BANK(ERSTWHILE SYNDICATE BANK) Vs MR RAKESH KUMARPROP. M/S THAKURTRADING SINGH
20.LL.2025
Item no.09
Present Mr. Ekant Luthra, Counselfor applicant bank None for defendants
Matter is takenthroughVideo Conferencing/ Hybrid Mode.
IA no.3L75l2fi25has been filed by the applicant bank for withdrawal of the PresentOA.
The Ld. Counselfor the applicantbank submitsthat the defendanthas approachedthe Applicant Bank to settle its Loan A/c No. 90131250000643and further for renewal of its said ciedit facility. Itis submittedthat the aforementionedLoan account of theDefendanthas been regularized and the Applicant Bank has sanctioned/renewedthe credit facility of the above mentioned loanaccount vide sanctionletter dated 11.09.2025 for aperiod ofone year till 10.09 .2026.The copy of the sanction Lettei dated11.09.2025 is annexed herewith.He fufther submits that he wish towithdrawthe presentOA'
In view of theabove submissionmade by the Ld. counsel for applicant bank,IA no.317512025is allowed.QlA157412025is dismissed aswithdrawn.
List the matteron 24.03,.2026before Registrarstands cancelled.
File be consignedto record room.
CANARA BANK
SUSHIL KUMAR RASTOGI
As recorded by the court registry
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