Axis Bank v. Sh Gurpreet Singh
Case brief
What is this about?
The Debt Recovery Tribunal dismissed an Original Application filed by a bank against an borrower as withdrawn by the applicant after a compromise was reached between the parties.
What did the court decide?
The Original Application is dismissed as withdrawn.
What the court decided
DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/10/2023 AXIS BANK Vs SH GURPREET SINGH
10.01.2023 Item No.7
Present: Sh. Rajiv Sharma, Counsel for the Applicant. Counsel for the applicant bank has filed the affidavit of Shri Rohit Varun Singh Thakur, and has made a statement at the bar that the parties have compromised the matter for sum of Rs.12,60,000/- 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
PANKAJ
Parties & counsel
- applicant
AXIS BANK
- respondent
SH GURPREET SINGH
Coram
A S Narang
Case details
As recorded by the court registry
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