This arbitration award in Lok Adalat records the dismissal of an applicant bank's OA with costs because the account was settled in full and the bank withdrew the petition.
OA dismissed as withdrawn; costs free.
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oA/ 1.437 12022 PNB V/S M/S KHUSDIL TRADINGCOMPANY
AWARD
13.05.2023 Item No.59 Present: Sh. kurrJ L'o ' ,Counsel for the Rppticant. 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 atds.qS,OB,OOO/- in full and final settlement and it does not want topursue thepresent OA Accordingly,the OA filed by the applicant bank is dismissed as withdrawn. A copy of this order be given to both theparties free of cost. File be consigned to record roonr after due compliance,
(Registrar)
Punjab National Bank
M/S KHUSDIL TRADING COMPANY
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
