Lok Adalat disposed of an order of attachment (OA) in a banking recovery dispute between Punjab National Bank and Mrs Baishaki Ghosh upon the parties reaching an amicable settlement of Rs. 91,85,000.00.
Settlement of Rs. 91,85,000.00 arrived at; Order of Attachment (OA) disposed of accordingly.
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BEFORE THE LOK ADALAT AT DEBTS RECOVERY TRIBUNAL-1, KOLKATA. JEEVANSUDHA BUILDING, 42C,JAWAHARLAL NEHRU ROAD KOLKATA-700 071
Dated 1 4 th September, 2024
Plaintiff:
PUNJAB NATIONAL BANK
Represented by
Mr. Subrata Mallick,Circle Sastra Head Mr. A. Banerjee, Sr. Manager(Law)
Defendant/Respondent
MRS BAISHAKI GHOSH PROP.M/S BAISHAKI MURI FACTORY. Represented by- none.
Case No. OA 138 of 2022 Present:
A W A R D
The dispute between the parties have been referred for determination in the Lok Adalat and the parties having compromised/settled the case/matter, the following award is passed in terms of the settlement :-
The case is taken up for hearing.
The claim of the petitioner Bank recoverable from the Defendant amounts to Rs.92,64,606.76 + further interest.
The parties have amicably settled dispute at
Rs. 91,85,000.00 .
In view of the compromise arrived at between the parties the OA is disposed of in terms of the settlement.
Ld. Registrar is directed to refund of Court Fee to the Applicant Bank in terms of the Rules.
(SOMA CHOWDHURY) (AMBUJA MOHAN DAS) LD. ADVOCATE JUDICIAL OFFICER (RETD.) MEMBER OF THE BENCH MEMBER OF THE BENCH OF LOK ADALAT OF LOK ADALAT
Punjab National Bank
Mrs Baishaki Ghosh
Ambuja Mohan Das
Soma Chowdhury
As recorded by the court registry
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