State Bank of India v. M/S Shree Krishna Motors
Case brief
What is this about?
The Appellate Officer, DRT-I, Chandigarh, dismissed and withdrew the Arbitration Origin Application filed by the State Bank of India after the parties reached a compromise for a specified sum.
What did the court decide?
OA dismissed as withdrawn; parties compromised for Rs.13,20,856/-.
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
TA/2/2023 STATE BANK OF INDIA Vs M/S SHREE KRISHNA MOTORS
24.04.2023 Item No.50
Present: Ms.Lovedeep Kaur, proxy for Ms.Puja Sharma, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Sourabh Bakshi, and has made a statement at the bar that the parties have compromised the matter for sum of Rs.13,20,856/- and she does not want to pursue the present OA. Accordingly, the OA filed by the applicant bank is dismissed as
withdrawn .
File be consigned to record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
MANOJ
Parties & counsel
- appellant
State Bank of India
- respondent
M/S Shree Krishna Motors
Coram
(A S Narang)
Case details
As recorded by the court registry
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