The Debt Recovery Tribunal dismissed an Original Application by the applicant bank as withdrawn. The bank counsel stated that the matter had been compromised for Rs. 17,42,000 and the bank did not wish to pursue the application.
Dismissed the OA filed by the applicant bank as withdrawn.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
TA/24/2023 JAMMU AND KASHMIR BANK LIMITED Vs M/S DILSHAN SHOPPING MALL
22.09.2023 Item No.40
Present: Sh. Vivek Verma & Sh.Sanjay Sagar, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Arif Nissar Banka, and has made a statement at the bar that the parties have compromised the matter for a sum of Rs.17,42,000/- and he 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
Jammu and Kashmir Bank Limited
A S Narang
As recorded by the court registry
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