Axis Bank v. Sukhdev Singh
Case brief
What is this about?
In a Lok Adalat award, the Debt Recovery Tribunal ordered that an account between the State Bank of India and the defendants be settled at Rs. 27,60,000, dismissing the bank's claim.
What did the court decide?
Account settled at Rs. 27,60,000; application dismissed.
What the court decided
DEBTSRECOVERYTRIBuNAL-I', GHANDIGARH
oAl67sl2022 llcsBANi irs' SfurHDEv srNGH
AWARD
|,L.02.2023 ItemNo.6 sh. !ujhr''V'.q [,'Z*'"'forthe APPlicant' ,Counselfor defendants' sh.
File PutuP in the "Lok Adalat"' Bankhasfiledtheaffidavittotheetfectthattheaccount has beensettled at Rs.27,B0,ooo/.in full and final settlement anditdoesnotWanttopursuethepresentoAAccordingly,the ou A filr, e udbv the applicant bank is dismissed as,w'i]::L-. ",, ililn,, 1.0". be given to both the parties free of cost.File be consigned to record room after due compliance'
Ajay KY43fPuri (Presiding (R{gistiar)
Parties & counsel
- applicant
State Bank of India
- respondent
Defendants
Coram
Ajay Puri
Case details
As recorded by the court registry
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