The Tribunal dismissed an Order admitting settlement filed by the Applicant bank after the account was settled in full and final settlement at Rs. 6,00,000.
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DEBTSREcovERYTRIBUNAL-I,CHANDIGARH
oA/7s6/2022 rcrcr BANKLrMrrEt i'ts u,s sANToKH srNGHBUDH SINGH AWARD
13.O5.2023 Item No.44
Counselfor the APPIicant' Present:Sh. sh' ,Counsel for defendants'
File Put uPin the "Lok Adalat"' Bankhasfiledtheaffidavittotheeffectthattheaccount has beensettled at(-s.:g,00,000/- in full and final settlement anditdoesnotwanttopursuethepresentoAAccordingly,the oAfiledbytheapplicantbankisdismissedaswithdrawn. A copy of thisorder be given to both the parties free of cost.Filebeconsignedtorecordroomafterduecompliance.
Ajay KumarPuri (Registrar)
RBL Martins (its u/s SanTokh Singh)
Singh
As recorded by the court registry
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