Lok Adalat at DRAT-1, Kolkata disposed of OA/506/2022 regarding a bank loan recovery dispute. The parties reached an out-of-court settlement where the respondent agreed to pay Rs. 40,10,000 towards the claim amount.
The dispute was settled by the parties, with the respondent to pay Rs. 40,10,000 as agreed.
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.
Sl. No. 27
BEFORE THE LOK ADALAT AT DEBTS RECOVERY TRIBUNAL-1, KOLKATA. JEEVANSUDHA BUILDING, 42C,JAWAHARLAL NEHRU ROAD KOLKATA-700 071
Dated 22nd June, 2024
Plaintiff: Bank Name : ICICI Bank Limited Represented by : Shamim Aslam, Authorised Signatory & Ms. Kuheli Deb, Advocate
Defendant/Respondent Kamini Jha & Anr. Represented by : None
Case No. OA/506/2022 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. 83,18,059.00/- + further interest.
The parties have amicably settled dispute
Rs. 40,10,000.00/- .
In view of the compromise arrived 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
ICICI Bank Limited
Kamini Jha & Anr.
Ambuja Mohan Das
Soma Chowdhury
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
