The Debts Recovery Tribunal allowed the applicant bank to withdraw its original transfer application, holding that an amicable settlement of the loan account had been reached. Registry directed to return original documents.
Application for withdrawal allowed; transfer application dismissed as withdrawn; registry to return original documents.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
Debts Recovery Tribunal-Il, Delhi
TAl2O3Ll2023 STATE BANK OF INDIA VS DEVENDER KUMAR
22.t2.2025
Item no.56
Present Mr. Kuldeep, Proxy Counselfor Mr. Arvind Gupta, Counsel for applicant bank : None for defendants
Matter is taken through Video Conferencing/Hybrid mode.
IA no.359712025 has been filed by the applicant bank for withdrawal of the present TA.
The Proxy Counsel for the applicant bank submits that during the pendency of the case, the defendants approached to the applicant bank for settlement of dispute and aftergoing through the loan account of the defendants, an amicable settlement has been arrived at between theparties. The account of the defendants has been settled through compromise and the same was closed. Hence this application'for withdrawal of thepresent Originalfl-ransfer Application and for return of original documents. He further submits that he wish to withdraw the present TA. Prory Counsel for applicant bank also prayed for retur.p of the original documents.
In view of the above submission made by the Proxy Counsel for applicant bank, IA no.359712025 is allowed. TAl203Ll2023is dismissed as withdrawn. Registry is directed to return the original documents after keeping the ceftified copies on records.
File be consigned to record room.
-.-_ 1-)' (SUSHIL KUMAR RASTOGI) PRESIDING OFFICER DRT-II, Delhi
State Bank of India
Devender Kumar
Sushil Kumar Rastogi
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
