This Lok Adalat disposed of a debt recovery application where the applicant bank and defendants mutually settled the loan account. Defendants deposited Rs. 10,00,000 in full settlement, leading to the withdrawal of the case and refund of court fees.
Withdrawal of original application OA No. 1294122 and refund of court fee as parties mutually settled the account.
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BEFORE THE LOK ADALAT DEBTS RECOVERY TRIBUNAL : JABALPUR
AWARD
ln
Original Application No.- OA1294122
Present:-
Reference made bY
Applicant Bank through Shri Priyankush Jain,Advocate None for the Defendants
Between:-
lClCl Bank ltd.
Applicant
Versus
Bhagban Lal Lodhi& Anr.
Defendants
deposited the entire compromise amount of Rs. 10,00,000.00 (Rupees Ten Lac only) in full and final settlement. The Counsel for Applicant prays for withdrawal of the case as there remains nothing to recover from the Defendants. ln view of the statement made before this Lok Adalat, the OA 1294122 is disposed of as withdrawn Court fee be refunded as per rules.
(Given under the hand and seal of the Lok Adalat Bench on this the 13rh day of May, 2023).
(Dr. P.R.S. Choudhary)
Member
(Akhilesh Choubey)
Member
l.
(Ram Niwas Patel)
Presiding Officer
ICICI Bank Ltd.
Bhagban Lal Lodhi
Ram Niwas Patel
Akhilesh Choubey
Dr. Pushpraj Singh Choudhary
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
