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Praecipe

The Applicant has filed an Interim Application in the Debt Recovery Tribunal to withdraw a pending matter against the Defendant, which has been ongoing since a specific transaction. The Applicant requests a hearing to facilitate this withdrawal, citing that the loan account is closed and there is no further purpose in keeping the case active. Additionally, the Applicant seeks a refund of the court fees paid on the Original Application.

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0% found this document useful (0 votes)
258 views2 pages

Praecipe

The Applicant has filed an Interim Application in the Debt Recovery Tribunal to withdraw a pending matter against the Defendant, which has been ongoing since a specific transaction. The Applicant requests a hearing to facilitate this withdrawal, citing that the loan account is closed and there is no further purpose in keeping the case active. Additionally, the Applicant seeks a refund of the court fees paid on the Original Application.

Uploaded by

Aishwarya Mehta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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IN THE DEBTS RECOVERY TRIBUNAL – III, MUMBAI


INTERIM APPLICATION NO. OF 2025
IN
RECOVERY PROCEEDINGS NO. ____ OF 20_____

__________ … Applicant
V/s.
__________ … Defendant
==========================================
=================

To
The Registrar,
Debt Recovery Tribunal-II
DRT-III
Mumbai

Dear Sir,

BE PLEASED to circulate the papers and proceedings in the captioned


matter before the Ld. Presiding Officer, DRT-II, Mumbai on March,
2025.

The Applicant seeks to settle the matter with the Defendant, the above
matter has been pending before this Hon’ble Tribunal since (Recovery
Proceedings No______.) and pertains to a transaction entered by the parties
in ____. The Applicant seeks to withdraw the above matter against the
Defendants and hence prays that the above matter be placed for hearing
allowing the Applicant to file the withdrawal application.

Reason for urgency:

Since the loan account is closed there is no useful purpose in keeping


the Original Application pending and also the Applicant, as promised to
the
Respondents is required to withdraw the present Original Application.

Prayer:

(i) Applicant be allowed to withdraw the Original Application against


the Respondents.
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(ii) Court Fees paid by the Applicant on the Original Application be


refunded in accordance with the rules and regulations.

Dated this 2nd day of July 2024

LLP
Advocates for the Applicant

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