Debts Recovery Tribunals and Appellate Tribunals
PUNJAB NATIONAL BANK vs Surender pal on 2 September 2021
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**Debts Recovery Tribunal-III, Delhi**
**MA NO. 76/2020**
**IN**
**OA NO. 610/2013**
**PNB VS SURENDER PAL**
02.09.2021
Item No. 06
Present: Mr. Sanjay Kumar, Ld. Counsel for applicant bank.
This matter is taken up by this Tribunal through Video Conferencing at DRT, Allahabad.
2. In the present matter, MA No. 76/2020 has been filed on behalf of applicant bank praying therein to allow the present MA and RC No. 1019/2018 be ordered to be withdrawn, as settled.
3. In compliance of order dated 26.07.2021 of this Tribunal, Ld. Recovery Officer has filed the Report in the present case.
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 23.09.2020 and as per the settlement, the CH bank settled the account for Rs. 13,01,000/-. It is further stated in the report that the CH bank wants to close the RC as satisfied.
5. In the light of above, this MA is hereby allowed. Now the RC is hereby dismissed as withdrawn in view of settlement arrived between the parties.
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