The Debts Recovery Tribunal dismissed an Original Application filed by the State Bank of India as withdrawn by consent of the parties following a compromise of Rs. 16,00,000 under the OTS scheme.
Original Application dismissed as withdrawn.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/470/2022 STATE BANK OF INDIA Vs SH SHER AMIR SINGH
25.04.2023 Item No.43
Present: Ms.Lovedeep Kaur, proxy for Sh.RK Jindal, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Navnath Mehetre, Branch Manager, and has made a statement at the bar that the parties have compromised the matter for sum of Rs.16,00,000/-under OTS scheme and she 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
Sh Sher Amir Singh
A S Narang
As recorded by the court registry
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