Debts Recovery Tribunals and Appellate Tribunals

MR RATNESH VERMA vs UNION BANK OF INDIA on 24 December 2025

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P

DEBTS RECOVERY TRIBUNAL

LUCKNOW

Date of order or

proceeding

Order with signature of court

Office action

taken with

date

M.A. No. 118/2025

11.12.2025

SL. No.59

Shri Anand Kumar Srivastava

Ld.

Counsel for the applicant is present.

Shri G. S. Mishra Ld. Counsel for the

respondent bank is present.

Ld. Counsel for the applicant is moving

MA. This MA has been brought on mainly for two faults

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1. To set aside / recall ex-parte judgment and recovery certificate dated 06.06.20?$ passed in OA No.248 of 2022 TItle deed as Union Bank of India Vs. Ratnesh Verma in the interest of justice.

2. To allow the applicant to deposit the remaining amount, if any, as per the terms and conditions of one time settlement dated 30.08.2023 Ld. Counsel for the respondent bank submits that it is true that one OTS was accepted by the respondent bank and the applicant has M& deposited the entire amount towarsis Jle OTS only a sum of Rs.1.35 lacs Aia is due. If, the applicant wants to deposit the same the MA may be allowed . In view of the fact, if the amount is deposited along with the interest and cost the Recovery Certificate shall not proceed, MA accordingly is allowed. e\„a;\ +\- DW Order be uploaded on the Tribunal’s WH ijeD • \ \ +11Cb!::: I•IF1• (iINAUk I?BII11SICIIniS ) vabl (Pravas Kumar Singh) Presiding Officer L= =X +1(51==rL \iIIIIIdi?!! ::rf\/1e;===F = H hA.\2 . Mugjsh \k’l

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