The Debts Recovery Tribunal dismissed the original application as withdrawn following an out-of-court settlement between the bank and the respondent for Rs.15 lakh.
The original application was dismissed as withdrawn by the applicant bank.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/2109/2022 PUNJAB NATIONAL BANK Vs SHRI RAM SINGH
14.07.2023 Item No.19
Present: Sh. Anup Prajapati, proxy for Sh.Brijesh Sharma, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Jiten Kumar Vaidya, and has made a statement at the bar that the parties have compromised the matter for a sum of Rs.15,00,000/- 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withdrawn .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
Punjab National Bank
Shri Ram Singh
A S Narang
As recorded by the court registry
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