Axis Bank v. Jagjeet Singh
Case brief
What is this about?
Debt Recovery Tribunal, Chandigarh dismissed the bank's application as withdrawn after the parties compromised and settled the matter via Lok Adalat.
What did the court decide?
Application dismissed as withdrawn.
What the court decided
DEBTS RECOVERYTRIBUNAL'I, CHANDIGARH
@
oA 76a I 2022 AXIS BANK LTDVS. JAGJEET SINGH
AWARD
13.08.2022 item No. 13"1 present: sh kLI Ar*f ,counset for the Applicant. sh. ,Counsel for defendants'
File Put uP inthe "Lok Adalat""
Counsel for thebank states that after negotiations parties have compromisedthe matter. Bank has filed the affidavit to the effect that theaccount has been settled at Rs'13,50,000/- in full and final settlementand he does not want to pursue the present oA Accordingly,the oA filed by the applicant bank is dismissed as withdrawn.
Acopyofthisorderbegiventoboththepartiesfreeof cost, File beconsignedto record room after due compliance'
Parties & counsel
- applicant
Axis Bank Ltd
- respondent
Jagjeet Singh
Case details
As recorded by the court registry
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