Arbitration award under Lok Adalat admitted the settlement of Rs.18,50,000. The applicant's OA was dismissed as withdrawn since the bank did not want to pursue the matter further.
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DEBTS RECOVERY TRiBUNAL-1, CHANDIGARH
QA/ 11/2024 PUNJAB NATIONAL BANK VS PARAb4JIT SINGH
AWARD
14.09.2024 Item No.56
Present :
Counsel for the Applicant.
Sh , Counsel for defendants.
File put up in the "Lok Adalat".
Bank has filed the affidavit to the effect that the account has been settled at Rs.18,50,000/- in full and final settlement and it does not want to pursue the present OA Accordingly, the OA filed by the applicant bank is dismissed as withdrawn.
A copy of this order be given to both the parties free of cost. File be consigned to record room after due compliance.
Ajay -,-...( Registrar)
A S IN©r94 ly
1 provisions across 1 enactments
Punjab National Bank
Parab4jit Singh
As recorded by the court registry
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