In Original Application No. 156/2022 before the Debts Recovery Tribunal – Jabalpur, the applicant bank and defendants settled their loan account. Upon deposit of the compromise amount by defendants, the tribunal dismissed the application as withdrawn with refund of court-fee.
Withdrawal of OA 156/2022 and refund of court-fee.
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BEFORE THELOK ADALAT DEBTS RECOVERYTRIBUNAL : JABALPUR
AWARD
IN
ORIGINAL APPLICATIONNo. 156/2022
Present:-
Applicant Bank through ShriWajidHyder, Advocate
Between:-
State Bank of lndia, BhoPal(MP)
Versus
M/s Hukum Chand Gendalalpatodi & Ors. Defenclants
3 Now in terms of reference made by the Counsel for the Applicant before this Lok Adalat on this 09th Day of December 2023 the Parties have mutually settled the loan account and Defendants have depositerd the entire compromise amount of Rs. 1,30,20,000.00(Rupees One Crore Thirty Lakhs Twenty Thousand only) in full and final settlement. The Counsel for Applicantprays 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 ln view of the statement made before this Lok Adalat, the OA 15612022 is disposed of as withdrawn. Court fee be refunded asper rules.
(Given under the hand and seal of the Lok Adalat Bench on this the 09' day of December 2023).
( s. Shalini Choudhary) Member
( Ram Niwas Patel ) Presiding Oflir:er
State Bank of India, Bhopal (MP)
Ram Niwas Patel
Shalini Choudhary
As recorded by the court registry
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