The applicant withdrew Original Application OA/266/2023 after reaching a compromise of Rs.41,00,000/- with the respondent. The Tribunal dismissed the OA as withdrawn and directed refund of court fees.
Original Application dismissed as withdrawn; court fees directed to be refunded.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/266/2023 PUNJAB NATIONAL BANK Vs M/S SAROOP HP
13.10.2023 Item No.2
Present: Sh. DK Gupta, Counsel for the Applicant. None for the defendants.
Counsel for the applicant bank has filed the affidavit of Shri Vikas Kumar, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.41,00,000/- 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
M/S Saroop HP
A S Narang
As recorded by the court registry
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