Debts Recovery Tribunals and Appellate Tribunals
INDIAN OVERSEAS BANK vs M/S VIKAS PROJECTS PRIVATE LTD. on 5 May 2025
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Debts Recovery Tribunal-Il, Delhi TAl2L3l2022 INDIAN OVERSEAS BANK Vs M/S VII(AS PROJECTS PRIVATE LTD. 05.05.2025 Item no. 05 Present Shri R.K. Sinha along with Ms. Archana Kumari, counsel for applicant bank. Shri Abhishek Srivastava, counse! for defendants. Matter is taken through Video Conferen cingl Hybrid Mode. The Ld. Counsel for applicant bank submitted that the matter has been settled between the parties under the OTS scheme. Therefore, he wishes to withdraw the matter. The Ld. Counsel for defendants submitted that he has filed an IA no.1039/2025 and further submitted that the present matter has been settled between the parties and defendants have paid the entire payment under the OTS scheme. It is further submitted that he has no objection, if the present OA is dismissed as withdrawn. In view of the above submissions made by the pafties, TA no.2L312022 is dismissed as withdrawn. All the pending IAs stand disposed of. Date already fixed on 30.07.2025 before this Tribunal stands cancelled. File be congigned to record room. s.I (SUSHIL KUMAR RASTOGI) PRESIDING OFFICER DRT-II, Delhi