Icici Bank Limited v. Usha Kiran
Case brief
What is this about?
The Appellate Officer dismissed an Original Application filed by the bank as withdrawn after the parties reached a compromise for Rs. 15,70,000/-.
What did the court decide?
Dismissal of the appeal with the direction to refund court fees.
What the court decided
DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1941/2022 ICICI BANK LIMITED Vs USHA KIRAN
24.03.2023 Item No.18
Present: Sh. Sumeet Sehgal, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Mohammad Vajid, and has made a statement at the bar that the parties have compromised the matter for sum of Rs.15,70,000/- 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
Parties & counsel
- appellant
ICICI BANK LIMITED
- respondent
USHA KIRAN
Coram
A S Narang
Case details
As recorded by the court registry
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