The Debts Recovery Tribunal dismissed the application filed by Jammu and Kashmir Bank Limited against M/s Abdul Qayoom Mangnoo as it had been withdrawn following a compromise between the parties for a sum of Rs. 42,96,000.
OA dismissed as withdrawn with refund of court fees to applicant.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/2030/2022 JAMMU AND KASHMIR BANK LIMITED Vs M/S ABDUL QAYOOM MANGNOO
22.11.2022 Item No.16
Present: Sh. Jiteshwar Malhi, proxy for Sh.Amit Rishi, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Umesh Sharma, and has made a statement at the bar that the parties have compromised the matter for sum of Rs.42,96,000/- and he 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
Jammu and Kashmir Bank Limited
M/s Abdul Qayoom Mangnoo
A S Narang
As recorded by the court registry
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