Debts Recovery Tribunal dismissed an original application filed by the bank as withdrawn after the joint duty of Lok Adalat confirmed full and final settlement of the account.
Original application dismissed as withdrawn due to settlement reached at Lok Adalat.
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 REeQVERY TRIBUNAL-1, CHANDIGARFI
ONI 1 14/ 2024 PUNJAB NATIONAL BANK VS SH. AJIT SINGH AWARD
14.09.2024 Item No. 95
Present :
, Counsel for the Applicant , 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. 15,50,000/- 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and it does not want to pursue the present OA Accordingly, the OA filed by the applicant bank is dismissed as withdrawn.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. Court fee be refunded as per DRT rule.
Ajam&rnar Pu, I ( Registrar)
uA S INdy, ,y (Presiding/Officer)
Punjab National Bank
Sh. Ajit Singh
uA S INdy
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
