The applicant bank filed an original application which was dismissed as withdrawn. Counsel for the bank stated that the parties had compromised the matter for Rs.19,00,000/- and did not wish to pursue the proceedings.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/67/2023 PUNJAB NATIONAL BANK Vs SH NAVEEN KAISTHA
28.07.2023 Item No.18
Present: Sh.Mohan Parsad, proxy for Sh.PS Sobti, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Chhewang, Senior Manager, and has made a statement at the bar that the parties have compromised the matter for a sum of Rs.19,00,000/- 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
Sh Naveen Kaistha
A S Narang
As recorded by the court registry
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