Allowed

Union Bank of India v. M/s Viva Distributors Pvt. Ltd.

DRT7 Jul 2026OA/1124/2024

Case brief

AI extract

What is this about?

The applicant bank secured full settlement of the underlying civil matter. Relying on this, the bank withdrew its original writ petition. The High Court allowed the withdrawal and disposed of the petition accordingly. No other relief was needed.

What did the court decide?

Application under I.A. No.1583 of 2026 for withdrawal of O.A. No.1124 of 2024 allowed. Petition disposed of as withdrawn. Court fees refunded.

Union Bank of India versus M/s Viva Distributors Pvt. Ltd. — Banking and Recovery | DRT (2026)

¶1

07.07.2026	Exh.	*Roznama-MDRT-II* *O.A. No.1124 of 2024*	Next date
rst - 26	10	Mr H.P. Kar (through VC) and Mr Anuragh Sharma i/b M/s. Interjuris, Advocates for the Applicant. None Defendant. Applicant Bank has filed Withdrawal Application I.A. No.1583 of 2026 supported by affidavit (exhibit-10) for withdrawal of the O.A. No.1124 of 2024. Ld. Advocate for the Applicant submits that the Applicant Bank has received the entire settlement amount of Rs.10.72 Crores along with the amount of Rs.3 lakhs for legal and other expenses. Now, the Applicant does not wish to proceed with this O.A. Hence, seeks for withdrawal of the present O.A. In view of the above submissions, the withdrawal of I.A. No.1583 of 2026 is allowed. Resultantly, O.A. No.1124 of 2024 stands disposed of as withdrawn. Pending IAs, if any, stands disposed of. The Applicant shall be entitled to refund of court fees as per Rules. File be consigned to the Record Room after due compliance. Sd/- P.O. DRT-II	Closed

Union Bank of India v. M/s Viva Distributors Pvt. Ltd.

Case brief

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Union Bank of India v. M/s Viva Distributors Pvt. Ltd.

Case brief

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