Axis Bank v. Major Singh
Case brief
What is this about?
In a Lok Adalat proceeding, the bank applicant filed an affidavit stating the account was settled in full and final settlement of Rs. 24,00,000/-, leading to the dismissal of the application as withdrawn.
What did the court decide?
Application dismissed as withdrawn upon affidavit of settlement.
What the court decided
DEBTS RECOVERY TRIBUNAL-T, CHANDIGARH
oAl L239120.22 AXIS BANK VS. MAJOR SINGH
AWARD
LL.o2.2023 Item No.89
present: sn.a I W'v*a ' ' , counser for the Appricant. sh. ,Counsel for defendants.
File put up in the..Lok Adalat,,.
Bank has filed the affidavit to the effect that the account has been settled at Rs.z4,go,oo0/- in full and final settlement and it does not want to pursue the present oA Accordingly, the oA filed by the applicant bank is dismissed as withdrawn.
A copy of this order be given to both the parties free of cost. File be consigned to record room after due compliance.
Ajayjurgtarpurr (degis[rar)
'VLrl A S N{ra ng,,, (Presidin gl)tfiiderl ./
Parties & counsel
- applicant
OAl L239120.22 AXIS BANK
- respondent
MAJOR SINGH
Coram
V. L. Nagarajan
Case details
As recorded by the court registry
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