The Debts Recovery Tribunal disposed of a settlement application as infructuous because the account under reference had been closed, also dismissing pending interim applications.
Settlement application and pending interim applications disposed of as infructuous.
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 76
Case No.SA/282/2023
MS BHARAT SPUN PIPE AND CONSTRUCTION COMPANY Vs IDFC BANK LIMITED
Date: 17.12.2025.
Proceedings through hybrid mode Present:
None for the Applicant
Shri Piyush Khandelwal, Counsel for the Respondent Bank/FI
In this matter, Counsel for the Respondent submits that the account has been closed and SA may be disposed of as infractuous.
Considering the submission made by Counsel for the Respondent, SA stands disposed off as infractuous, all pending IAs also stands disposed off, if any.
File be consigned to record as per rules. Copy of order be uploaded on website.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur
signed and uploaded on 20.12.2025 cm
MS Bharat Spun Pipe and Construction Company
IDFC Bank Limited
Vimal Gupta
As recorded by the court registry
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