In a compromise proceeding under a Lok Adalat order, the bank confirmed full settlement of the account. The court dismissed the applicant bank's OA as withdrawn upon the affidavit of full settlement.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/723/2022 HDFC VS. NEK RAM
AWARD
09.12.2023 Item No,47
Present: Sh, 7 qJ. ge @ J , Counsel for the Applicant. / Sh, , Counsel for defendants.
File put up in the "Lok Adalat".
Bank has filed the affidavit to the effect that the account has been settled at Rs.19,40,000/- in full and final settlement and it does not want to pursue the present OA Accordingly, the OA filed by the applicant bank is dismissed as withdrawn.
A copy of this order be given to both the parties free of cost. File be consigned to record room after due compliance. Court fee be refunded as per DRT Rule
Ajap'Kthlar Puri A S N&gng ( Registrar) ( Presiding Officer)
HDFC
Nek Ram
Ajap'Kthlar Puri A S N&gng
As recorded by the court registry
2 orders share this CNR
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