Axis Bank v. Sahib Singh
Case brief
What is this about?
National Lok Adalat award recording compromise settlement between Axis Bank and Sahib Singh regarding a debt recovery dispute. The respondent paid ₹71,00,100 for full satisfaction, disposing of the matter.
What did the court decide?
Compromise recorded; dispute settled by payment of ₹71,00,100; file consigned to record room; court date cancelled.
What the court decided
DEBTS RECOVERY TRIBUNAL.II. DELHI
NATIONAL LOK ADALAT HELD ON 10.12.2023(SUNDAY-}
Orqanised Bv: DRT-!I, Delhi
Authoritv: DSLSA, Delhi
oN791t2022
AXIS BANK Petitioner/Applicant :
DefendanURespondent : SAHIB SINGH
No. of Proceedings of the ltem No. 6 of the Tribunal
Name of Presiding Officer :Shri Sushil Kumar Rastogi, Presiding Officer, DRT-ll, Delhi & National LokAdalat Judge
Name of Members (1) Shri UttamNegi, Recovery Officer-l
AWARD
This matter is taken by this Tribunal in hybrid.mode i.e.physical as well as through Video Conferencing.
Parties & counsel
- applicant
AXIS BANK
- respondent
SAHIB SINGH
Coram
Shri Sushil Kumar Rastogi
Case details
As recorded by the court registry
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