Debts Recovery Tribunals and Appellate Tribunals

REACON ENGINEERING PVT LTD vs PUNJAB NATIONAL BANK on 24 October 2025

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DEBTS RECOVERY TRIBUNAL 1, KOLKATA (Sne) Order Sheet (continuation) Case No. MA/29/2019 Arising out of OA/221/2016 REACON ENGINEERING PVT LTD Vs PUNJAB NATIONAL BANK Date of the Order Order with Signature Office action with date and dated Signature of Parties when necessary 24/10/202 5 Ld. Advocate Mr. Pranay Agarwal (virtually) appears for Misc. Applicant (Liquidator of Applicant). None appears for the Respondent Bank. Ld. Counsel for Misc. Applicant has filed put up petition IA/2597/2025 for substitution of Misc. Applicant by the Liquidator. Ld. Counsel for Misc. Applicant has also filed application IA/2599/2025 for withdrawl of MA. Ld. Counsel also submits that there was resolution of creditor which is annexed vide Annexure C for not to proceed with the Misc. Applicant and has filed Application for withdrawl. Hence, IA/2599/2025 is allowed. MA/29/2019 is disposed of as withdrawn by Applicant represented by Liquidator. Put up petition IA/2597/2025 is also disposed of. (Ambuja Mohan Das) Presiding Officer

DEBTS RECOVERY TRIBUNAL 1, KOLKATA (Sne)

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