Undertaker's application filed by Bank of Baroda in a recovery matter was dismissed as withdrawn after the applicant bank confirmed that the parties had compromised the matter for Rs.81,00,000/-.
OA dismissed as withdrawn by the applicant bank due to settlement of Rs.81,00,000/-
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1537/2023 BANK OF BARODA Vs M/S STARK INDUSTRIES
04.06.2024 Item No.56
Present: Sh. Shivamdeep, proxy for Sh.Iqbal Mohd. Counsel for the Applicant. None for the defendants.
Counsel for the applicant bank has filed the affidavit of Shri Satpal Banswal, Chief Manager, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.81,00,000/- and he 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dismissed as withdrawn .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
BANK OF BARODA
M/S STARK INDUSTRIES
A S Narang
As recorded by the court registry
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