Debts Recovery Tribunals and Appellate Tribunals
IDBI BANK vs M/S A-ONE GROUP on 26 June 2025
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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur * Item No. 7 Case No.MA/87/2025 IN OA/453/2020 IDBI BANK Vs M/S A-ONE GROUP Date: 26.06.2025. Proceedings through hybrid mode Shri Ashish Tiwari, Counsel for the Applicant Counsel for the applicant has filed this Misc. Application in OA no. 453/2020 which was decided ex-parte by this Tribunal and he submitted that the matter has been settled with the applicant bank for Rs. 33,09,731/- and No Dues Certificate has been issued by bank, therefore, he prayed that the recovery proceedings pending before the Ld. Recovery Officer in Recovery Certificate No. 505/2021 may kindly be closed. Heard arguments. The Ld. Recovery Officer is directed to close the proceedings of Recovery Certificate No. 505/2021. Accordingly, file of Misc. Application and Recovery Certificate be consigned to record. Copy of order be uploaded on website and sent to the Ld. Recovery Officer.
(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Jaipur