Dismissed
Punjab and Sind Bank v. Sh Karamvir
DRTOA/877/2022
Case brief
AI extract
What is this about?
Debt Recovery Tribunal-I, Chandigarh issued an award where the applicant bank's Original Application (OA) before Lok Adalat was dismissed as withdrawn since the account was regularized, allowing a fresh OA if payment is not made.
What did the court decide?
The OA filed by the applicant bank is dismissed as withdrawn. Applicant is free to file a fresh OA if defendants fail to pay the amount due.