Debts Recovery Tribunals and Appellate Tribunals

PUNJAB NATIONAL BANK vs RAI SINGH on 20 August 2025

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Court of the Presiding Officer Debts Recovery Tribunal, Jaipur * Item No. 15 Case No.MA/124/2025 IN OA/234/2022 PUNJAB NATIONAL BANK Vs RAI SINGH Date: 20.08.2025. Proceedings through hybrid mode Present: Shri Anil Kumar Sharma, Counsel for the Applicant Counsel for the applicant has filed this Misc. Application in OA no. 234/2022 which was decided by this Tribunal on 08.02.2023 and he submitted that the matter has been settled in sum of Rs. 17,60,000/-, therefore, he prayed that the recovery proceedings pending before the Ld. Recovery Officer in Recovery Certificate No. 116/2023 may kindly be closed. Heard arguments. The Ld. Recovery Officer is directed to close the proceedings of Recovery Certificate No. 116/2023. 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

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