The Debts Recovery Tribunal allowed the withdrawal of an appeal (Application no. 139/2026) by the Respondent after an amicable settlement was reached with the Appellant Bank, dismissing the appeal as withdrawn and disposing of all pending IA's.
Application no. 139/2026 allowed; TA 76812/2022 dismissed as withdrawn; all pending IAs disposed of.
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Debts Recovery Tribunal-Il, Delhi
TAl768l2022
PUNJAB NATIONAL BANKVS MIRZA KIFAYATMAQSOOD BEIGH
19.03.2026
Item no. 73
Present None for applicantbank.
Mr. Arshid Bashir,counselfor defendant no.t and 2. Mr. Rajesh Pandit,counsel for defendant no'3'
Matter is takenthrough Video Conferencing/hybrid Mode'
File be consignedto record room'
S-\ \ (SUSHIL KUMARRASTOGI) PRESIDINGOFFICER, DRT-II,Delhi
A
2 issues framed by the court
Whether the appellant bank should be permitted to withdraw its appeal following an amicable settlement.
What is the consequence of the settlement acceptance on pending inter-mediate applications?
Punjab National Bank
Mirza Kifayatmaqsood Beigh
Sushil Kumar Rastogi
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
