In order No. TA/1/2022, the Debts Recovery Tribunal dismissed the applicant bank's Original Application (OA) as withdrawn after a compromise was reached between parties for Rs. 8,50,000.
OA dismissed as withdrawn with direction to refund court fees.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
TA/1/2022 PUNJAB AND SIND BANK Vs KAMALMANJIT SINGH
26.07.2023 Item No.43
Present: Sh. Lovish, proxy for Sh.Neeraj Madan, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Ms.Mandeep Kaur, and has made a statement at the bar that the parties have compromised the matter for a sum of Rs.8,50,000/and he does not want to pursue the present OA. Accordingly, the OA filed by the applicant bank is dismissed as withdrawn . Registrar is directed to refund the court fees as per rules.
File be consigned to record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
MANOJ
Punjab and Sind Bank
Kamalmanjit Singh
A S Narang
As recorded by the court registry
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