The Debt Recovery Tribunal dismissed an Original Application filed by Punjab National Bank against Prem Singh as it was withdrawn by the applicant following a compromise for a sum of Rs. 18,00,000/-.
The original application is dismissed as withdrawn and court fees are to be refunded.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1744/2022 PUNJAB NATIONAL BANK Vs PREM SINGH
26.07.2023 Item No.20
Present: Sh. Anil Sharma, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Kartar Singh, and has made a statement at the bar that the parties have compromised the matter for a sum of Rs.18,00,000/- 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
PUNJAB NATIONAL BANK
A S Narang
As recorded by the court registry
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