The Debts Recovery Tribunal dismissed the application as withdrawn after the applicant counsel stated that the parties had compromised the matter under the One Time Settlement scheme.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
SA/12/2023 MS KATARIA TRADING Vs KARNATAKA BANK LIMITED
28.07.2023 Item No.59
Present: Sh. Vivek Verma, Counsel for the Applicant. Ms.Deepshikha Gupta, Counsel for respondent bank.
Counsel for the applicant has filed copy of email and has made a statement at the bar that the parties have compromised the matter under the OTS scheme and he does not want to pursue the present SA. Accordingly, the application filed by the applicant is dismissed as withdrawn .
File be consigned to record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
MANOJ
MS KATARIya TRADING
KARNATAKA BANK LIMITED
A S Narang
As recorded by the court registry
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