Debts Recovery Tribunals and Appellate Tribunals
LIC Housing finance ltd vs Suresh Pandey on 15 December 2020
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**Debts Recovery Tribunal-III, Delhi**
**MA-23/2020**
**In**
**OA-254/2013**
**LIC Housing Finance Ltd. Vs. Suresh Pandey**
15.12.2020
Item no. 15
Present: Sh. Ramakant Tomar proxy counsel for Sh. Vinod Trishal representing applicant along with Sh. Naveen Kumar Sinha, authorized officer of applicant bank.
This matter is taken up by this Tribunal through Video Conferencing.
Present MA has been filed on behalf of applicant praying therein to allow applicant / CHFI to withdraw the present RC as settled. It is stated in the MA that during the pendency of the present RC, applicant / CHFI, after receiving proposal for settlement of loan account dated 20.02.2019 from CD-3, had settled the matter between CHFI and CD no. 3 under OTS vide Sanction Letter dated 09.03.2019 for a sum of Rs. 20,70,000/- and the said settled amount has been fully paid by CD no. 3. Hence, it has been prayed to allow the present MA.
Ld. proxy counsel for the applicant/CHFI stated that the matter has been settled with the CDs for an amount of Rs. 20,70,000/- and the applicant has received the entire settlement amount from the CDs. Accordingly, Ld. counsel for the applicant **Sd-**
AB
28/12/20
bank wants to withdraw the present RC. The statement of the authorized officer of the applicant/CHFI Sh. Naveen Kumar Sinha, **who is present today alongwith counsel on Video Conferencing has been recorded vide separate sheet,** which has also been sent to the AR as well as Ld. counsel for the applicant/CHFI through e-mail for their necessary signatures and the same shall also be sent back to this Tribunal through e-mail and the physical copy of the same shall also be filed by the applicant/CHFI with the Registry of this Tribunal.
In the light of the above submission, the present RC stands dismissed as withdrawn.
File be consigned to record room.
Sd-
(DHARMINDER SINGH) PRESIDING OFFICER, DRT-III, DELHI
AB
**Debts Recovery Tribunal-III, Delhi**
**MA-23/2020**
**In**
**OA-254/2013**
**LIC Housing Finance Ltd. Vs. Suresh Pandey**
15.12.2020
Item no. 15
Statement of Sh. Naveen Kumar Sinha, S/o late Sh. R.K. Sinha, Age 45 years, Manager (CMO)/Authorized Representative at Asaf Ali Road Branch of the applicant/CH FI.
I, Sh. Naveen Kumar Sinha, Manager (CMO)/Authorized Representative at Asaf Ali Road Branch of the applicant/CH FI states that the matter has been settled with the defendants for an amount of Rs. 20,70,000/- and the applicant/CHFI has received the entire settlement amount. Since the present matter has been settled with the defendants, therefore, the applicant/CHFI does not want to proceed with the present Recovery Certificate and seeks permission of this Tribunal to withdraw the present RC.
~~R.O. & A.C.~~
**Sd-** 10/12/20 (DHARMINDER SINGH) PRESIDING OFFICER, DRT-III, DELHI
AB