In this order, the Debts Recovery Tribunal dismissed the Arbitration Reference filed by the applicant bank as withdrawn. The parties had settled the dispute regarding a sum of Rs.8,24,000/-, and the registrar was directed to refund court fees.
Arbitration Reference dismissed as withdrawn; refund of court fees directed.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1849/2022 PUNJAB NATIONAL BANK Vs MRS SATINDER KAUR
21.12.2022 Item No.14
Present: Ms.Ritika Kansal, proxy for Sh.MN Sharma, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Kulwinder Ram, and has made a statement at the bar that the parties have compromised the matter for sum of Rs.8,24,000/- and she does not want to pursue the present OA. Accordingly, the OA filed by the applicant bank is dismissed as withdrawn . Registrar is directed to refund the court fees as per rules. File be consigned to record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
MANOJ
Punjab National Bank
Smt. Satinder Kaur
(A S Narang)
As recorded by the court registry
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