The Appellate Officer dismissed an Original Application filed by Punjab National Bank as it had been voluntarily withdrawn following a compromise between the parties.
The OA was dismissed as withdrawn. Court fees to be refunded.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1130/2022 PUNJAB NATIONAL BANK Vs M/S AB INDUSTRIES
24.03.2023 Item No.15
Present: Sh. DK Gupta, Counsel for the Applicant. Sh.Kewal Krishan, proxy for Sh.Mukul Goyal, counsel for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Surender Kumar, and has made a statement at the bar that the parties have compromised the matter for sum of Rs.32,40,000/- and he does not want to pursue the present OA. Accordingly, the OA filed by the applicant bank is dismissed as withdrawn . Registrar is directed to refund the court fees as per rules.
File be consigned to record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
MANOJ
Punjab National Bank
M/s AB Industries
A S Narang
As recorded by the court registry
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