The Tribunal allowed a statement of readiness to pay part of the outstanding amount in installments and surrendered the case accordingly.
Surrendered the application with directions to pay 50% within 15 days and balance in two installments within two months.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
SA/114/2022 MRS MANJIT KAUR Vs JANA SMALL FINANCE BANK LTD
13.09.2022 Item No.75
Present: Sh. Rajinder Sharma, Counsel for the Applicant. Sh. Anmol Jindal, Counsel for respondent No.2.
Sh. Sameer Mahajan, Counsel for respondent No.3.
Sh. Rajinder Sharma, counsel for the applicant has made a statement at the bar that the applicant is ready to pay 50% of the amount due in the next 15 days and remaining amount within two months in two installments. In case, the applicant fails to abide by the proposal made by him, he would himself surrender the possession to the bank after two months. I order accordingly. This SA is disposed of in the above-mentioned terms.
File be consigned to the record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
DS
Mrs Manjit Kaur
Jana Small Finance Bank Ltd
A S Narang
As recorded by the court registry
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