PUNJAB NATIONAL BANK vs M/S. BICHITRAKALA on 9 April 2026

Page No.- Order Sheet( continuation) Case NO. TA/1542/2013 PUNJAB NATIONAL BANK Vs M/S. BICHITRAKALA Date of the order Order with signature Office action with date and dated signature of parties when necessary 09/04/202 6 Ld. Advocate Mr. B. Sarkar appears for the Applicant Bank and pressing the withdrawal petition IA/982/2026. In the above said application it was stated that the Applicant has filed a Recovery application for recovery of a sum of Rs.18,60,000/- including interest and other reliefs. During pendency of the Recovery Proceedings there has been a settlement between the parties and the Bank has received Rs. 5,12,000/- towards full and final settlement of the dues. Hence, they do not want to proceed with the case. This application is affirmed by Mr. Prasant Kumar Senapati, the Branch Manager of the Bank and his signature is identified by Advocate on record. In view of this, no prejudice will be caused to the TA defendants if their response is dispensed with in this IA. This instant TA and any other pending IAs are disposed of in the category of dismissed as withdrawn as settled. The Applicant Bank is entitled for refund of Court Fee in terms of the Rules for which the applicant may move before the Registrar of this Tribunal who may take decision in accordance with rules and regulations of the subject. (Ambuja Mohan Das) Presiding Officer Sne