Lok Adalat awarded a settlement in a debt recovery case, fixing the payable amount at Rs. 1,73,75,000 against a claim of Rs. 1,93,11,941.
The OA was disposed of based on the compromise settlement amounting to Rs. 1,73,75,000.
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BEFORE THE LOK ADALAT AT DEBTS RECOVERY TRIBUNAL-1, KOLKATA. JEEVANSUDHA BUILDING, 42C,JAWAHARLAL NEHRU ROAD KOLKATA-700 071
Dated May 13,2023.
Plaintiff:
ICICI Bank Ltd.
Mr. D. Mukherjee
Ld. Advocate
Ms. Nivedita Mitra
Authorized Signatory
Defendant/Respondent
Saket Conclave Pvt. Ltd.
Represented by
None
Case No._OA/53/2022
PRESENT: -SHRI AMBUJA MOHAN DAS
PRESIDING OFFICER
A W A R D
The dispute between the parties have been referred for determination to the Lok Adalat and the parties having compromised /settled the case/matter, the following award is passed in terms of the settlement :-
The case is taken up for hearing.
The claim of the petitioner Bank recoverable from the Defendant amounts to Rs. 1,93,11,941/-.
The parties have amicably settled dispute at Rs. 1,73,75,000/-
In view of the compromise arrived between the parties the OA is disposed of in terms of the settlement.
(Ambuja Mohan Das) Presiding Officer
ICICI Bank Ltd.
Saket Conclave Pvt. Ltd.
Ambuja Mohan Das
As recorded by the court registry
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