Allowed the applicant bank's application to withdraw a Trial Application as the settlement amount was received. Dismissed the Trial Application as withdrawn and directed return of original documents.
Allowed withdrawal of the Trial Application; directed return of original documents.
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Debts Recovery Tribunal-Il, Delhi
TAlLL7Ol2024 A)GS BANK VS DEEPAKNAG AND ORS
29.09.202s
Item no.10
Present: Mr. VatsalParewa, Proxy Counselfor applicantbank
Matter is takenthrough Video Conferencing/ Hybrid Mode.
IA no.267412fl25has been filed by the applicant bank for withdrawal of the PresentTA.
The Proxy counselfor the applicant bank submitted that the applicant bankhas received the settlement amount of Rs.13,50,000/-(Thirteen Lakh Fifty Thousand) from the defendantsand as such the applicant bank does not have any claim againstthe defendantsin respect of the present application.Therefore,the applicant wishes to withdraw the same. It issubmitted by the applicantthat the original documentswhich were filed by the applicant bank at the time of filing thepresent application be returnedto the applicant bank so that thesaid documents can be returned to the defendant' He fufthersubmitsthat he wish to withdraw the present TA. proxy counsel for applicant bank alsoprayed for return of the originaldocuments.
In view ofthe submissionmade by the Proxy counsel for applicant bank,IA no.267412025is allowed. TA/117012024 is dismissed aswithdrawn, being amicably settled. Registryis directed toreturn the original documents after keeping the ceftifiedcoPies on records'
The date alreadyfixed on o8.o L.2O26before Registrar stands cancelled.
File be consignedto record room'
(A, (susHIL KU MnR\RASTOGI) PRESIDING OFFICER DRT-II, Delhi
c
Axis Bank
Sushil Kumar Rastogi
As recorded by the court registry
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