The Debt Recovery Tribunal dismissed the Bank's Original Appeal as withdrawn following a settlement of Rs. 4,34,00,000/- achieved in Lok Adalat, noting the account is settled in full and final.
OA filed by the applicant bank is dismissed as withdrawn.
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DEBTS RECOVERY TRIBUNAL-1, CHANDIGARH
QA/ 1976/2022 PUNJAB NATIONAL BANK VS M/S KRYPTON PHARMACEUTICAL AWARD
14.09.2024 Item No. 66
Present Sh LJlb& Iv,. . , C„,se1 f„ the Appli„nt. 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. 4,34,00,000/- in full and final settlement and it does not want to pursue the present OA Accordingly, the OA filed by the applicant bank is disrnissed as withdrawn.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.
Ajay W r Puri ( Registrar)
q A :> INg ally (Presiding Opter)
PUNJAB NATIONAL BANK
M/S KRYPTON PHARMACEUTICAL AWARD
Ajay W r Puri
As recorded by the court registry
2 orders share this CNR
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