The Debts Recovery Tribunal allowed the applicant bank's application for withdrawal of the Tune-Again (TA) proceedings. The matter was settled for Rs. 25,00,000.00. The proceeding stood dismissed as withdrawn.
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Debts Recovery Tribunal-Il, Delhi
TAl9s4l2024 A)GS BANK Vs KHUMAN SINGH BHATI
27.01.202s
Item no.06
Present: Mr. Rohit Kumar, Counsel for applicant bank
Matter is taken through Video Conferencingl Hybrid Mode.
IA no.1412025 has been filed by the applicant bank for withdrawal of the present TA.
The Ld. Counsel for the applicant bank submits that the matter stands settled for Rs. 25,00,000.00/- in full and final settlement of all claims and the applicant bank has received the said amount and nothing is now due & payable under the settlement. He further submits that he wish to withdraw the present TA. Ld. Counsel for applicant bank also prayed for return of the original documents.
In view of the above submission made by the Ld. Counsel for applicant bank, IA no.L412025 is allowed. TNg54l20Z4 is dismlssed as withdrawn. Registry is directed to return the original documents after keeping the ceftified copies on records.
The date already fixed on L4.O2.2O2S before this Tribpnal stands cancelled.
File be consigned to record room.
Cr\ ' (SUSHIL KUMAR RASTOGI) PRESIDING OFFICER DRT-II, Delhi
c
AGS BANK
KHUMAN SINGH BHATI
Sushil Kumar Rastogi
As recorded by the court registry
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