The Debt Recovery Tribunal admitted a compromise between the applicant bank and respondents for Rs. 13,73,781. The Origin Application was dismissed as withdrawn by the applicant.
Origin Application dismissed as withdrawn. Court fees to be refunded.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1614/2023 JAMMU AND KASHMIR BANK LIMITED Vs ORACLE PACKAGING FORMULATION PRIVATE LIMITED
16.10.2023 Item No.19
Present: Sh. Vivek Verma & Sh.Sanjay Sagar, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Shishu Paul Malhotra, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.13,73,781/- and he does not want to pursue the present OA. Accordingly, the OA filed by the applicant bank is dismissed as withdrawn . Registrar is directed to refund the court fees as per rules.
File be consigned to record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
MANOJ
Jammu and Kashmir Bank Limited
Oracle Packaging Formulation Private Limited
A S Narang
As recorded by the court registry
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