In an application for withdrawal of a tax appeal filed by a commercial bank, the Tribunal allowed the withdrawal upon claim of settlement with the defendants and directed disposal of the case and refund of fees.
Withdrawal of the Tax Appeal allowed; tax appeal dismissed as withdrawn; court fee refund ordered.
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Debts RecovelYTribunal-Il,Delhi
TAlL67Ll2023 STATEBANKOF INDIA Vs M/S KAMAL TELECOM
L7.OL.ZOZ1
ltem no'46
present: sh. Puneet Pankaj, counselfor applicant bank None for defendants
Matter is takenthrough Video Conferencing/ hybrid Mode'
IA no.5}48l2u24has been filed by the applicant bank for withdrawal ofthe PresentTA.
The Ld. Counselfor the applicant bank submits that the defendantshad approachedto the applicant bank for settlement of thepresent matier, and as such the presentmatter has been imicaOiy settledbetween the partiesand nothing remains. due ,pon tn. defendantsin regard to the present loan and the fiesentloan accountof the defendant has been closed'He further submitsthat he wish to withdraw the present TA' Ld' counsel for applicantbank also prayed for refund of the court fee.
In view of theabove submission made by the Ld. counsel for ippticant bank,IA no.504812024is allowed,TAlt67tl2023is dismissed aswithdrawn.Registry is directed to return the couft fee as Perrules.
File be consignedto record room.
d (susHIL KUMAR RASTOGI) PRESIDINGOFFICER, DRT-II, Delhi
c
SBI
M/S Kamal Telecom
SUSHIL KUMAR RASTOGI
As recorded by the court registry
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