Debts Recovery Tribunal allowed the withdrawal of Original Application No. 333/2023 filed by Yes Bank, dismissed pending applications, and declined the prayer for refund of court fees as the settlement was out of court contrary to Supreme Court precedent.
Withdrawal of OA allowed; prayer for refund of court fees declined; pending IAs disposed of.
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
oA/333 12023 YES BANK VS VIVEK TRADERS SINGHAL
28.04.2026
Item no. 3
Present: Ms. Sonia Rawat, counsel for applicantbank.
Matter is taken through Video Conferencing/hybrid Mode.
Para 6- The refund of court fesis permissible only if, the matter is refeTed to Arbitration,Conciliation, judicial settlement, including through Lok Adalat or mediation for settlement andthe case is decided in terms of such a settlement andnot otherwise.
Para 7- In the case at hand, thesettlement in terms of which the second appeal was deciddby the High Court is not on reference toany of the above authorities/fora rather itwas an amicable settlement out of the court.
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Para 8- Accordingly, we are of the opinion that the petitioner is not entitled to refund of the court fees and the High Court has not committed any eror or illqality in refusing such a prayer."
The date already fixed on 03'06'2026 before theLd' Registrar stands cancelled.
File be consigned to record room.
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(SUSHIL KUMAR RASTOGI) PRESIDING OFFICER, DRT-II, Delhi
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2 issues framed by the court
Whether court fees is refundable when the matter was settled out of court without reference to arbitration or Lok Adalat.
Whether opposition to withdrawal of the OA be allowed.
Colour shows how this judgement treated each authority
Jage Ram Vs Ved Kaur & Ors.Referred¶4
SLP(c) No. 723/2023 dated 28.01.2025 titled Jage Ram Vs Ved Kaur & Ors.
Yes Bank
Vivek Traders Singhal
Sushil Kumar Rastogi
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
Sushil Kumar Rastogi
Parties & counsel
