In SA/76/2026, the Debt Recovery Tribunal dismissed the application after the respondent bank decided to withdraw the SARFAESI action and credited half of the deposited court fee to the applicant.
Credit of Rs. 7,500/- to the applicant's account and dismissal of the application.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
SA/76/2026 MS TULSI MINERAL WATER Vs STATE BANK OF INDIA
24.02.2026 Item No.26
Present: Ms. Lovedeep Kaur, Counsel for the Applicant. Mr. Vivek Verma, Counsel for respondent bank.
Mr. Verma, has put in appearance on behalf of the respondent bank. Mr. Verma, has made a statement at the Bar that the bank has taken a decision to withdraw the whole of the SARFAESI action. Counsel for the applicant states that the applicant had deposited Rs.15,000/- as the court fees. In view of this, counsel for the respondent bank is directed to credit the account of the applicant with Rs.7,500/-. SA stands disposed of .
File be consigned to record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
PANKAJ
MS TULSI MINERAL WATER
STATE BANK OF INDIA
A S Narang
As recorded by the court registry
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