State Bank of India v. M/S Shiv Shakti Feed Industries
Case brief
What is this about?
Applicant bank withdrew its objection after arriving at a compromise with the defendants. The objection was dismissed.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1377/2022 STATE BANK OF INDIA Vs M/S SHIV SHAKTI FEED INDUSTRIES 24.01.2023 Item No.45
Present: Sh. AS Gagrha, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Chanchal Singh, Chief Manager, and has made a statement at the bar that the parties have compromised the matter for sum of Rs.30,00,000/- 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
PANKAJ
STATE BANK OF INDIA
M/S SHIV SHAKTI FEED INDUSTRIES
A S Narang
As recorded by the court registry
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