Disposed
Subhi Tripathi v. Punjab National Bank
DRTSA/863/2024
What the court decided
AI extract
Outcome
Disposed
A compact analysis
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DEBTS RECOVERY TRIBUNAL LUCKNOW
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| Dateoforderor proceeding |
Orderwithsignatureofcourt | Officeaction takenwith date |
|---|---|---|
| SA No.863/24 10.12.2025 SI No.26 |
Ldcounselfortheapplicant ispresent Sh. PraveenDwivediLd counselfor therespondent bankispresent. Ld counsel for the respondentbank submittedthat account has beensettled and substantial amount has been depo,qited by the applicant.Itis submitted that.e\itire amount is deposited andthey wiTh;sue NOC Certificate in favour ofthe applicant. It is furthersubmittedthat since the account has been settled, no cause of action survives in this SA, therefore, SA maybedisposedof. Ld counsel for theapplicantsubmitted his noobjection. Since the account has been settled and no cause of action survives in this S.A.,thereforethe SA is disposed inthe lightof submission of Ld counsel forthe respondent bank. Accordingly,the S.A. is disposedof being infructuous. Record be consignedtorecordroom. Pending I.A.ifany,alsodisposedoff. Order beuploadedon theTribunal’s website. (DictF'ted) / (PravasKumarSingh) PresidingOfficer (Manoj) |
Parties & counsel
AI extract
- petitioner
Debts Recovery Tribunal Lucknow
- respondent
Recovery Tribunal
Coram
AI extract
Pravas Kumar Singh
Case details
As recorded by the court registry
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