LR of Deceased Manjulaben Navinchandra Kadiwala vs Bank Of India on 24 April 2026

Exh-8

IN THE DEBTS RECOVERY TRIBUNAL-II AT AHMEDABAD

(Pankaj Kumar Upadhyay, Presiding Officer)

Item No.41

Appeal/03/2024

24.04.2026

LRs' of Manjulaben Navinchandra Kadiwala & Ors.

Vs.

Bank of India

Present:

None present for the Appellants.

Ms. Nidhi Surti, Ld. Proxy Counsel for the Respondent.

The case is taken up for consideration on Withdrawal Affidavit Exh:A/07, same is taken on record.

Ld. Counsel for the Respondent has submitted that the Appellants have filed Withdrawal Affidavit in this case and requested that appropriate order may be passed.

Appellants have filed Withdrawal Affidavit vide Exh.A/07 same is taken on record. It is mentioned in the said Affidavit that, *a settlement is already taken place between the Appellants and Respondent and the loan Account of the subject matter is closed and the Respondent Bank has issued the certificate on 23.03.2026 regarding closer of Account and No Dues, therefore, the Appeal does not survive. So, the Appellants sought permission to this Tribunal to withdraw the present Appeal.*

Applicant Bank has annexed "No Due Certificate" along with the Withdrawal Affidavit.

In view of the above, this Tribunal is of the view that as the Appellants and the Respondent have settled the account and as the Appellants seek to withdraw this present Original Application, the present Original Application deserves to be disposed of as withdrawn.