Canara Bank v. Sh Kartar Singh
Case brief
What is this about?
The Debt Recovery Tribunal ordered the dismissal of the application filed by the bank as withdrawn after the underlying account was settled for Rs. 5,00,000.
What the court decided
DEBTSRECOVERYTRIBUNAL.I,CHAN DIGARH
oA 199 /2022 CANARABANK VS. KARTARSINGH
AWARD
1 3.08. 2022 Item No. lrtt\</sup> presenr: sh fulqrl 6Ut ,counsel ror the Applicant sh. tl4+<l ,Counsel for defendants'
File PutuP in the t'Lok Adalat"'
Counselforthebankstatesthatafternegotiationsparties havecompromisedthematter.Bankhasfitedtheaffidavittothe effectthattheaccounthasbeensettledatRs.5,00,000/-infull andfinalsettlementandhedoesnotwanttopursuethepresent oAAccordingly,theoAfiledbytheapplicantbankisdismissed
as withdrawn.
A copy ofthis order be given to both the parties free of cost'Filebeconsignedtorecordroomafterduecompliance.
I
Parties & counsel
- applicant
Canara Bank
Coram
Unspecified
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court