The applicant bank withdrew the Original Application after achieving a compromise settlement of Rs.7,20,000/- with the deceased respondent. The Tribunal dismissed the OA as withdrawn with no further orders.
OA dismissed as withdrawn on compromise of Rs.7,20,000/-
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1894/2022 STATE BANK OF INDIA Vs BALKAR SINGH (SINCE DECEASED) 28.07.2023 Item No.24
Present: Sh. Maninderpal Singh, proxy for Sh.Gurinderjit Singh, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Gagandeep Singh Bajwa, and has made a statement at the bar that the parties have compromised the matter for a sum of Rs.7,20,000/- and he 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
BALKAR SINGH
A S Narang
As recorded by the court registry
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