Debts Recovery Tribunals and Appellate Tribunals
PUNJAB NATIONAL BANK vs Jokhan Singh and Others on 5 August 2025
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DEBTS RECOVERY TRIBUNAL, PATNA • Date of order or proceeding (Kaushalendra Yadav) Presiding Officer Order with the Signature of the Court MA42of2025 05.08.2025 Ld. counsel for the applicant submits that the MA 02 of 2024 filed for modification in the order passed on 08.01.2024 in MA 02/2024. It is further submitted that the applicant bad submitted that the account has been upgraded to the Standard Account but in the order dated 08.01.2024 passed in MA 02/2024, it has been written that "the matter has been settled between parties and entire settlement amount has been deposited with the Bank" which may be modified as the account became 'Standard' on payment of overdue amount. In such circumstances, the order passed in MA 02 of 2024 is hereby modified to the extent that "since the account has been upgraded to the Standard therefore, the RC 58812023 issued in OA 634/2022 stand withdrawn. Interim order if any, stands vacated. Accordingly, it is disposed off. Order be uploaded on the Tribunal's website. Patna Office action taken with date