Single judge Static Nomination (DRT-II, Delhi) allowed IA for substitution of authorized representative and dismissed the main application on withdrawal by the applicant bank, which settled the matter amicably and closed the loan account.
IA for substitution allowed. Main application (TA.R. No. 1671/2024) dismissed as withdrawn.
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.
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".ia,". Debts R€(overy Tribunal-Il, Delhi
TAlg7l2024
CORPORATION BANK Vs MR RITUSH SHARMA
30.01.202s
Item no.BB
Present Ms. Rashmi'Srivastava, Counsel for applicant bank None for defendants
Matter is taken through Video.Conferencing/ Hybrid Mode. ' 'i r,iii
IA No. t6Ll2O25 is nlff- UV ffi" applicant bank for substitution of authorized representative."''The IA is formal in nature, hence, it is allowed. ,:r 1,'
IA rto.L62l2025 has been filed by the applicant bank for withdrawal of the preseht TA.r,
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The Ld. Counset for t"f1$oappfteant bank submits that matter has been settled amica n the applicant bank and the defendants out of cou the defendants paid all his dues pending with and closed his loan account No.560631001 before merger of Corporation Bank with Union ia on 02,03,2020, as such the applicant bank do to pursue the aforesaid matter fufther. She further:Srabm its:that she wish to withdraw the present TA. ,.:
In view of the above ,submission made by the Ld. Counsel for applicant bank, IA'r'ffi..16zlzozs is allowed. TN3712024 is dismlssed as withdrdiflriir'
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,^<sup>''. V' (SUSHILKUMAR RASTOGI) PRESIDINGOFFICER DRT-II,Delhi |
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Corporation Bank
Sushil Kumar Rastogi
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
