National Lok Adalat disposed of an OA between Bank of India and Lalitha Shankar Iyer after an amicable settlement of Rs. 43,00,000/- regarding a debt claim of Rs. 56,88,746.14/-.
The OA was disposed of in terms of the settlement reached between the parties amounting to Rs. 43,00,000/-.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
BEFORE THE NATIONAL LOK ADALAT AT DEBTS RECOVERY TRIBUNAL.3, KOLKATA. JEEVANSUDHA BUILDING. 42C.JAWAHARLAL NEHRU ROAD 8" FLooR, KoLKATA-7oo 071
Dated:- Oe€ember 14, 2024
Plaintiff;
Bank of India
Defendant/ Respondent
Lalitha Shankar Iyer
Case No. O.A. 24712024 (Sl.No.32)
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PRESENT:
(2) SHRI ANIRBAN MAJUMDER, Advocate (Member)
AWARD
Upon consent of the parties, the dispute between the parties have been referred for determination to 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 thepetltloner Bank recoverable from the Defendant amounts to
Rs. 56,88,746.14l- plus further interest
The parties have amicably settled dispute at Rs.43,00,000/-.
In view of the compromise arrived between the parties the OA is disposed of in terms of the settlement.
Bank may file separate application before Registrar for refund of court fees. Registrar will do the needful in accordance with law.
VJ
(SHRI KAMAL DE) Judicial officer (Retd.)
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(SHRI ANIRBAN ItIAJUMDER) Advocate (Member)
Lalitha Shankar Iyer
Kamal De
Anirban Majumder
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
