The debt was set off by the applicant bank in a Lok Adalat in full and final settlement. The bank filed an affidavit accordingly and withdrew the ongoing proceedings in the debt recovery tribunal via Lot Adalat.
Acknowledged that the account has been settled by Lok Adalat, subsequently the Bank waived its rights to pursue the case anymore.
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RECOVERYTRIBUNI\L-I'CHANDIGARH
DEBTS
oAt2Ls2/2022 cB v/ssMT SARBPREET KAUR
AWABD
13.O5.2023 Item No.120
present: =n. %nt Jr"u,'"*-P,counsel for the Applicant' sh. ,Counselfor defendants'
File Put uPin the "Lok Adalat"' Bankhasfiledtheaffidavittotheeffectthattheaccount has been setgedatt's.16,00,000/- in full and final settlement and itdoesnotwanttopursuethepresentoAAccordingly,the OA filed by theapplicant bank is disrnissedas withdrawn' A copy ofthis order be given to both the parties free of cost.Filebeconsignedtorecordroomafterduecompliance.
Ajay tJ.urrf,arPuri (Registrar)
AS
The Bank (Applicant/OA Applicant)
M/S ...
As recorded by the court registry
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