Debts Recovery Tribunals and Appellate Tribunals

RELIANCE ASSET RECONSTRUCTION COMPANY LTD ERSTWHILE INDIAN BANK vs MR JANESHWAR PRASAD on 15 October 2025

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**ORDER-SHEET** Page No. ....

**DEBTS RECOVERY TRIBUNAL, DEHRADUN**

**T.A. No. 553 of 2018**

(old O.A. No. 06/2015 of DRT, Lucknow)

**Reliance Asset Reconstruction Company Ltd (Erstwhile Indian Bank) V/s Janeshwar Prasad & Ors.**

**Date: 15.10.2025**

Serial No.15

Present: Sh. Shantanu Gaur, Counsel for the Applicant ARC None for the defendants

Called out. Ld. Counsel for the Applicant ARC present. None present for the defendants.

Ld. Counsel for Applicant ARC has filed an affidavit vide diary no. 5692 dated 15.10.2025 of Sh. Himanshu Yadav, Authorized Officer of the Reliance Assets Reconstruction Company Ltd., at Work Exchange, Lower Ground Floor, Best Business Square, Sector 20, Dwarka, New Delhi 110075.

As per affidavit the OTS offer letter dated 16.08.2023 of defendants and sanction letter dated 23.08.2023 issued by the Reliance ARC the amount has been deposited by the defendants. The signature of Sh. Himanshu Yadav, Authorized Officer of the Reliance Assets Reconstruction Company Ltd. is also identified through Ld. Counsel.

In the light of settlement between the parties, the petition is dismissed as withdrawn.

Record be consigned.

(Umesh Kumar Sharma) Presiding Officer DRT, Dehradun

15.10.2025

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