The Debt Recovery Tribunal dismissed the Appeal Application filed by Jammu and Kashmir Bank Limited as withdrawn after the parties compromised the matter. The bank did not pursue the appeal.
The Appeal Application (OA) was dismissed as withdrawn by the court at the instance of the applicant.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
TA/40/2023 JAMMU AND KASHMIR BANK LIMITED Vs M/S NEW BUILTZ TILES & BRICKS
17.10.2023 Item No.52
Present: Sh. Sumit Batra, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Javeed Ahmad Makhdoomi, Branch Manager, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.19,09,000/- 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
M/s New Builtz Tiles & Bricks
A S Narang
As recorded by the court registry
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