Debts Recovery Tribunals and Appellate Tribunals
HDFC BANK vs TAJINDER SINGH & ORS on 24 June 2021
**Debts Recovery Tribunal-III, Delhi**
**MA No. 59/2021**
**HDFC BANK LTD VS TAJINDER SINGH & ORS**
24.06.2021
Item no. 16
Present: Sh. Sunil Pandey, Ld. counsel for applicant bank.
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1. 1. This matter is taken up by this Tribunal through Web Conference.
2. 2. In the present matter, MA No. 59/2021 has been filed on behalf of applicant bank praying therein to permit the applicant to withdraw the present RC No. 176/2017 as satisfied.
3. 3. In compliance of order dated 01.03.2021 of this Tribunal, Ld. Recovery Officer has filed the Report in the present case.
4. 4. I have gone through the Report of Ld. Recovery Officer. It is stated in the report that the CH bank filed affidavit of satisfaction on 10.06.2019 and as per the settlement, the CH bank settled the account for Rs. 12,44,975/-. It is further stated in the report that the CH bank wants to close the RC as satisfied.
5. 5. In the light of above, this MA is hereby allowed and CH bank is permitted to withdraw the RC as satisfied and the RC file is closed in view of settlement arrived between the parties.
6. 6. A copy of this order be sent to Ld. Recovery Officer for information and necessary action.
File be consigned to records.
**sd-**
(R. M. Kushawaha) Presiding Officer, DRT, Allahabad Addl. Charge, DRT-III, Delhi
AB