Indian Bank v. Baljinder Singh
Case brief
What is this about?
The applicant bank withdrew its Original Application after compromising the matter for Rs. 16,00,000/-. The Presiding Officer dismissed the OA as withdrawn.
What did the court decide?
Original Application dismissed as withdrawn due to compromise between parties.
What the court decided
DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1229/2022 INDIAN BANK Vs BALJINDER SINGH
29.01.2024 Item No.14
Present: Ms.Sonal, proxy for Sh. Pankaj Beri, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Dilip Singh, Branch Manager, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.16,00,000/- and she 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
Parties & counsel
- applicant
INDIAN BANK
Coram
(A S Narang) Presiding Officer DRT-I, Chandigarh
Case details
As recorded by the court registry
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