Debts Recovery Tribunals and Appellate Tribunals

Chamanbhai Kalyanbhai Patel and ors vs INDIAN OVERSEAS BANK on 23 January 2026

Exh - 12

IN THE DEBTS RECOVERY TRIBUNAL-II AT AHMEDABAD (Pankaj Kumar Upadhyay, Presiding Officer)

Supply No.01 MA/55/2018

23.01.2026

Present:

**Chamanbhai Kalyanbhai Patel & Ors.** **Vs.** **Indian Overseas Bank**

Mr. M. A. Solanki, Ld. Counsel for the Applicant. None appeared for the Respondent Bank.

Ld. Counsel for the Applicants has filed Pursis for withdrawal Ex.A/11, which is taken on record.

Ld. Counsel for the Applicants filed withdrawal Pursis Ex.A/11, mentioning therein that *the Respondent Bank has sanctioned One Time Settlement by letter dated 07.01.2026 in favour of the Applicants pursuant to above One Time Settlement sanction letter dated 07.01.2026 by Respondent Bank, Applicants may be permitted to withdraw the present Miscellaneous Application.*

Considering the fact, this Tribunal is of the view that the Applicants being master of their case is always at liberty to withdraw their case the present Miscellaneous Application deserves to be disposed of as withdrawn at the request of the Ld. Counsel of the Applicant and on the basis of withdrawal pursis vide Exh.A/11.

Hence, the present Miscellaneous Application is disposed of on the basis of withdrawal Pursis for Ex.A/11 with no order as to cost.

Order accordingly.

File be consigned to records.

(PANKAJ KUMAR UPADHYAY) PRESIDING OFFICER DRT-II, AHMEDABAD 23.01.2026

Slj.

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