Axis Bank v. Vishal Sekhri
Case brief
What is this about?
This National Lok Adalat awarded the settlement of the dispute between Axis Bank and Vishal Sekhari. The bank paid the claimed amount, leading to the amicable settlement and disposal of the matter before the Debt Recovery Tribunal.
What did the court decide?
Settlement recorded; matter disposed of; original documents returned to the bank.
What the court decided
NATIONAL LOK ADALAT HELD ON 10.12.2023(SUNDAN
Orqanised Bv: DRT-ll, Delhi
Authoritv: DSLSA' Delhi
TN1424t202g
AXIS BANK Petitioner/Applicant :
DefendanURespondent : VISHAL SEKHRI
No. of Proceedings of the ltem No.33 of the Tribunal
Name of Presiding Officer :Shri Sushil KumarRastogi, PresidingOfficer, DRT-ll, Delhi & National LokAdalat Judge
Name of Members(1) Shri UttamNegi,Recovery Officer-l
AWARD
This mafter is taken by thisTribunalin hybrid mode i.e. physical as well as through Video Conferencing.
The dispute between theparties having been referred for determinationto the Naiional LokAdalatand the parties having compromised/settledthe case/matter, thefollowingAward is passed in terms of the Settlement.
Parties & counsel
- petitioner
AXIS BANK
- respondent
VISHAL SEKHRI
Coram
Shri Sushil Kumar Rastogi
Case details
As recorded by the court registry
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