The DRT-II, Delhi and National Lok Adalat recorded a compromise settlement wherein the respondent paid the applicant bank to satisfy the claims. The matter was disposed of, and the DRT proceedings were cancelled with the file returned to the bank.
Settlement recorded; DRT proceedings cancelled; file returned to bank.
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.II. DELHI
NATIONAL LOK ADALAT HELD ON 10.12.2023(SUNDAY)
Oroanised Bv: DRT-ll, Delhi
Authoritv: DSLSA,Delhi
TN884t2022
Petitioner/Applicant
UNTON BANK OF INDTA
DefendanURespondent
ANURAG AGARWAL AND ORS
No. of Proceedings of the ltem No.1 of the Tribunal
Name of Presiding Officer :Shri Sushil Kumar Rastogi, Presiding Officer, DRT-I!, Delhi& NationalLokAdalat Judge
Name of lUlembers (1) Shri UttamNegi,Recovery Officer-l
AWARD
This matter is taken by this Tribunal in hybrid mode i.e. physical as welt as through Video Conferencing.
The dispute between the parties having been referred for determination to the National LokAdalat and the parties having compromised/settled the case/matter, the following Award is passed in terms of the Setflement.
Shri Hemraj siddharth, counsel for Applicant Bank alongwith shri s.K. Chopra, Officer of Applicant Bank
None for the defendants
shri Hemraj siddharth, counse! for Applicant Bank alongwith shri s.K. Chopra, Officer of Applicant Bank submit that bank has received an amount of Rs.26r0lpl4l- towards full and flnal satisfaction of the claims of the bank before National LokAdalat.
Accordingly, the dispute between the parties stands amicably setfled.
This compromise settlement between the parties is suo motto and with free will.
In this circumstances compromise is recorded. Now, the matter stand disposed of in terms of compromise and the origina! documents, if any, filed before DRT-II, Delhi be returned to applicant bank.The date already flxed in the matter before DRT stands cancelled. The file be consigned to record room.
The applicant bank seeks libefi to move an appropriate application seeking refund of court
ROAC ROAC DefendanURespondent
ls 1
23,
-\ &4/
(Recovery
, MemberJ
r,oy4/(
A
(Presidiil! Officer)
DRT-ll, Delhi &
National LokAdalat Judge
UNION BANK OF INDIA
ANURAG AGARWAL AND ORS
Sushil Kumar Rastogi
Uttamnegi
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
