In this OA, the applicant bank admitted a compromise settlement between parties for Rs.25,00,000/- and withdrew the petition. The Debts Recovery Tribunal dismissed the Originating Application as withdrawn. No further substantive ruling was made.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1457/2022 STATE BANK OF INDIA Vs M/S GOYAL GARMENTS
28.07.2023 Item No.15
Present: Ms.Sonal, proxy for Sh.Pankaj Beri, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Chanchal Singh, and has made a statement at the bar that the parties have compromised the matter for a sum of Rs.25,00,000/- and she 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
STATE BANK OF INDIA
M/S GOYAL GARMENTS
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
