The applicant bank abandoned its Original Application consequent to an out-of-court compromise between parties for a round sum of Rs.12,00,000/-, resulting in the withdrawal of the application.
Original Application dismissed as withdrawn by the applicant following a compromise settlement of Rs.12,00,000/-.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/564/2022 PUNJAB NATIONAL BANK Vs BALWINDER SINGH
19.12.2022 Item No.51
Present: Sh. Jatinder Malhi, proxy for Sh.KS Manhas, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Owas Ahmed Choudhary, and has made a statement at the bar that the parties have compromised the matter for sum of Rs.12,00,000/- and he does not want to pursue the present OA. Accordingly, the OA filed by the applicant bank is dismissed as
withdrawn .
File be consigned to record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
MANOJ
Punjab National Bank
Balwinder Singh
A S Narang
As recorded by the court registry
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