The Debts Recovery Tribunal disposed of the application as withdrawn by the applicant after confirming that the debt restructuring proposal was accepted and executed between the parties.
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Debts Recovery Tribunal-Il, Delhi
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GENESIS INFRATECH PRIVATE LIMITED Vs TOURISM FINANCE CORPORATION OF INDIA LIMITED
23.09.2025
Item no.51
Present Mr. Akhil Sankhwar alongwith Mr. Vardan Mittal, Counsels for applicant None for respondent FI
Matter is taken through Video Conferencingl Hybrid Mode.
The Ld. Counsel for applicant submitted that they have given the OTS proposal to the respondent FI which has been accepted and the OTS letter has been executed and he wants to withdraw the SA.
In view of the above submission made by the Ld. Counse! for applicant, 5A12212025 is dismissed as withdrawn.
File be consigned to record room.
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(SUSHIL KUr,lnR RASTOGI) PRESIDING OFFICER DRT-II, Delhi
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Ms. Charu Singhal, Counsel forproposed respondent(UV Asset Reconstruction) appeared subsequently and apprised ofthe orders.
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(SUSHIL KUMAR RASTOGI) PRESIDING OFFICER DRT-II, Delhi
Genesis Infratech Private Limited
Tourism Finance Corporation of India Limited
Sushil Kumar Rastogi
As recorded by the court registry
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