Debts Recovery Tribunals and Appellate Tribunals
PUNJAB NATIONAL BANK vs M/S. ADC COMPUTERS & ANR. on 18 August 2026
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Debts Recovery Tribunal-Il, Delhi TA/1s0812023 PUNJAB NATIONAL BANK Vs M/S. ADC COMPUTERS & ANR. 18.08.2026 Item no. 20 Present: Mr. Navin Kumar, counsel for applicant bank. Defendants are ex-parte, since, 08.05.2025. Matter is taken through Video Conferencing/ hybrid Mode.
2. IA no.223412026 has been filed by the applicant bank for withdrawal of the present TA.
3. The Ld. Counse! for the applicant bank submits that the matter has been settled by way of OTS to the tune of Rs.17,01,000/-. He fufther submits that he wishes to withdraw the present TA.
4. In view of amicable settlement, IA no.223412026 is allowed. TA 1508/ 2023 is dismissed as withdrawn. All the pending IAs stand disposed of. File be consigned to record room. e), (SUSHIL KUMAR RASTOGI) PRESIDING OFFICE& DRT-II, Delhi A