Debts Recovery Tribunals and Appellate Tribunals

IDBI BANK vs Yuvraj Mahajan (@ Mali) on 25 November 2021

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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD

(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

ORDER SHEET

[APK] (MA No.24/2021) Page 1 of 1

25.11.2021

Sr. No.07 MA No.24/2021

Classific

ation

No. of

Exh.

MISC. APPLICATION No.24/2021

IDBI Bank Ltd.

..Applicant

Versus

Yuvraj Natthu Mahajan @ Mali & others

.. Respondents

Mr. D.S. Khamat – Advocate for the applicant bank None for the respondents Due to Covid 19 situation the matter is taken through VC.

1. Mr. D.S. Khamat, advocate for the applicant bank, requested to Registry for listing the matter through video conference due to Covid-19 situation as per extent guidelines. Thus, the matter is placed through Video Conference.

2. By this Misc. application the applicant bank seeks permission of this Tribunal to withdraw the Recovery Certificate No.25/2017 issued in Original Application no.127/2015 as the account is settled between the parties under OTS and the respondents have paid the entire OTS

amount of Rs.2,81,856/-.

3. The applicant has made out the case for withdrawal of the Recovery Certificate as it is satisfied.

4. In view of the above, I pass the following order through Video Conference:

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ORDER

A. Misc. Application No.24/2021 is allowed. B. Copy of order be sent to the learned Recovery Officer for information and recovery proceedings be closed. C. Consign the file to the Record Room.

(Vimal Gupta)

Presiding Officer

Debts Recovery Tribunal, Aurangabad

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