The court dismissed the application filed by UGO BANK in a Lok Adalat of the Debts Recovery Tribunal, Chandigarh, as the bank had voluntarily withdrawn the same after settling the account for Rs. 4,00,000.
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DEBTS RECOVERY TRIBUNAL-1, CHANDIGARH
QA/ 122/2024 UGO BANK VS M/S JAI GANESH OIL CARRIER AWARD
14.09.2024 Item No.102
Present: Sh. S R/ ph@fpw_, 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. 4,00,000/- 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and it does not want to pursue the present OA Accordingly, the OA filed by the applicant bank is dismissed as withdrawn.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.
t
Aja ( Registrar)
( P r e ; d: nl ;ER: e r )
1 provisions across 1 enactments
UGO BANK
M/S JAI GANESH OIL CARRIER
As recorded by the court registry
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