Debts Recovery Tribunals and Appellate Tribunals

HDFC BANK vs Inder Prakash Kohli on 9 July 2021

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**Debts Recovery Tribunal-III, Delhi**

**MA NO. 31/2021**

**IN**

**OA-61/2015**

**HDFC BANK LTD VS INDER PARKASH KHOLI**

09.07.2021

Item no. 57

Present: Ms. Kusum Bhatt, Ld. counsel for applicant bank.

This matter is taken up by this Tribunal through Video Conferencing at DRT, Allahabad.

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1. 2. In the present matter, MA No. 31/2021 has been filed on behalf of applicant bank praying therein to permit the applicant to withdraw the present Recovery Certificate i.e. RC No. 278/2018, as settled.

2. 3. In compliance of order dated 30.03.2021 of this Tribunal, Ld. Recovery Officer has filed the Report in the present case.

3. 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 27.01.2021 and as per the settlement, the CH bank settled the account for Rs. 15,87,619/-. It is further stated in the report that the CH bank wants to close the RC as satisfied.

4. 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.

5. 6. A copy of this order be sent to Ld. Recovery Officer for information and necessary action.

File be consigned to records.

Registry of DRT, Allahabad is directed to send the scanned copy of this order to DRT-III, Delhi for uploading the same on website of DRT-III, Delhi.

(R. M. Kushawaha) Presiding Officer, DRT, Allahabad Addl. Charge, DRT-III, Delhi

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