Axis Bank v. Shiv Shambhu Bhagat
Case brief
What is this about?
Application for withdrawal of Tax Appeal admitted on merits as matter settled. Appeal dismissed as withdrawn. Original documents returned.
What did the court decide?
IA no. 5212u25 allowed; TA/91212023 dismissed as withdrawn; original documents returned.
What the court decided
Debts RecoveryTribunal-Il,Delhi
TAl9L2l2023 A)(IS BANKVS SHIV SHAMBHU BHAGAT
27.01.2025
Item no.10
Present:Mr. Rohit Kumar, counsel for applicant bank
Matter istaken through videoconferencing/ Hybrid Mode'
IA no.5212u25has been filed by the applicant bank for withdrawalof the PresentTA.
The Ld. Counselfor the applicant bank submits that he matter standssettledfor Rs. 24,50,000.00/- in full and final settlement ofall claimsand the applicantbank has received the said amountand nothing is now due & payable under the settlement.He further submits that he wish to withdraw the present TA. Ld. counselfor applicant bank also prayed for return of theoriginal documents.
In view of theabove submission made by the Ld' Counsel for apprilint bank,IA no.52 12025is allowed. TA/91212023is dismlssed aswithdrawn. Registryis directed to return irre'originaldocuments aher keeping the ceftified copies onrecords.
The date alreadyfixed on 26.03.2025 before this Tribunal standscancelled.
Parties & counsel
- applicant
AIS BANK
- respondent
SHIV SHAMBHU BHAGAT
Coram
SUSHIL KUMAR RASTOGI
Case details
As recorded by the court registry
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