Debts Recovery Tribunals and Appellate Tribunals
Shambhavi Weld Tech vs PUNJAB NATIONAL BANK on 28 July 2025
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[ambadas] (RA No.01/2025) Page 1 of 1
28.07.2025
Sr. No.28
RA No. 01/2025
Classifi
cation
No. of
Exh.
ORDER BELOW I.A. DIARY NO.5330/2025
IN
REVIEW APPLICATION NO. 01/2025.
Shambhavi Weld Tech
..Applicant
Versus
Punjab National Bank
..Respondents
Mr. Tribhuwan Nitin T. - Advocate for the applicant Bank.
None for the respondents.
1. The learned counsel appearing for the applicant bank has filed I.A. No.5330/2025 seeking withdrawal of this R.A.
The learned counsel for the applicant submits that, the present proceeding has been preferred for seeking review of the order passed in OA No.48/2021, but during the pendency of the above Review Application both the applicants and respondent Bank has settled the account, and in view of the settlement of the account, Bank has also issued No Dues Certificate. Hence, there remains no cause of action, therefore, applicant bank do not want to proceed further, and wants to withdraw the Review Application.
2. The counsel requests for return of the original documents and also refund of the court fees as per rules.
3. Heard.
4. In view of the amicable settlement of the loan account, I pass the following order.
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ORDER
A. As the loan account is settled, and bank has issued No Dues Certificate, the R.A. No. 01/2025 stands disposed of as withdrawn. B. The original documents, if any filed be returned to the Authorised Officer of the applicant bank as per rules.
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD (BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD) ORDER SHEET [ambadas] (RA No.01/2025) Page 2 of 1
C. The Court fees be refunded as per rules and as per the orders passed by the Hon’ble Bombay High Court. D. Consign the file to the Record Room.
(Dr. J.R. Chauhan)
Presiding Officer
Debts Recovery Tribunal, Aurangabad