OA filed by Union Bank of India in Debt Recovery Tribunal was dismissed as withdrawn after the bank reportedly compromised with the respondent for Rs.13,00,000 and chose not to pursue the application.
OA dismissed as withdrawn.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1266/2022 UNION BANK OF INDIA Vs SH KULWANT SINGH
17.05.2023 Item No.43
Present: Ms.Parmeet Kaur, proxy for Sh.IS Bhatia, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Gaurav Dewan, and has made a statement at the bar that the parties have compromised the matter for a sum of Rs.13,00,000/- 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withdrawn .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
MANOJ
UNION BANK OF INDIA
SH KULWANT SINGH
A S Narang
As recorded by the court registry
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