Punjab National Bank versus Amarjeet Singh Now Deceased

Whereas the applicant^{bank has filed the instantOA in this} Tribunal for recovery of^{a sum of Rs. 23,11,753.86togetherwith} future and^{pendentelite interest, cost etc. againstthe defendants'}

whereas^{during the pendency of the case before the DRT,} Jabalpur the^{applicantbank and the defendants have mutually} consented to^{settle the loan account and in this regardthe Applicant-} Bank has^{filed a Memo for withdrawal of the case alongwith the} affidavit^{of shri Ajeet Kumar, AssistantGeneral Manager}

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Now in terms of reference made by^{the Counsel for the} Applicant before this Lok Adalat on this^{09th Day of March} ,^{2024 the} Parties have mutually settled the^{loan account and Defendants have} deposited the entire compromise amount^{of Rs. 10 Lac (RupeesTen} Lac only) in full and final settlement. The Counsel^{for Applicantprays} for withdrawal of the case as there remains nothing to^{recover from} the Defendants as the account has been closed on27104123.^{ln view} of the statement made before this Lok Adalat, the 0A262123^is disposed of as withdrawn. Court fee be refunded as^per rules.

Copy of this order be^provided to the concerned^parties or their representatives.

(Given under the hand and seal of the Lok Adalat Bench on this the 09th Day of [/larch, 2023).

q^*-rl (Praveen Chaturvedi) Member

(Ram Niwas Patel) Presiding Officer

Punjab National Bank v. Amarjeet Singh Now Deceased