KOTAK MAHINDRA BANK LIMITED vs RAUNAQ VERMA on 22 May 2025

Debts RecovelY Tribunal-Il, Delhi TAlzesl2023 KOTAK MAHINDRA BANK LIMITED VS RAUNAQ VERMA AND ORS ZZ.OS.ZOZ5 Item no'80 present: Mr. shivam Gupta, counsel for applicant bank None for defendants Matter is taken through Video Conferencing/Hybrid mode' The Ld. Counsel for applicant bank has submitted that he has filed vakalatnama vide'dy. no.53712023 dated 10'03'2023' IA no.1O8U 2022 has been filed by the applicant bank for withdrawal of the Present TA. The Ld. Counsel for the applicant bank submits that the defendants Ouring the pendericy of the present TA approached ne-appricant ban--r for the settlement of the loan outstanding ana iirially aftei various round of follow-ups and discussion' the said account got settled and all the dues have been paid' The present account amicably settled and the settlement amount IeceiveO by the afplicant bank than the purpose of filing the present case got iumtled and there is no need to continue the ir"i..t transf6r afflication further. He further submits that he wish to withdraw the Present TA' In view of the submission made by the Ld. counsel for appticant bank,-IA no.108tl2122 is allowed. TN29512023 is dismissed as withdrawn. File be consigned to record room' -e.. (SUSHIL KUFTAR RASTOGI) PRESIDING OFFICER DRT.II, DCIhi c