Canara Bank v. Karnail Singh
Case brief
What is this about?
The Debt Recovery Tribunal dismissed an Original Application filed by Canara Bank against Karnail Singh as withdrawn after the parties reached a compromise for Rs. 10 Lacs.
What did the court decide?
Original Appeal/Appeal dismissed as withdrawn.
What the court decided
DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/563/2023 CANARA BANK Vs KARNAIL SINGH
24.01.2024 Item No.16
Present: Sh. Sourav Sotwal, Nodal Officer of the Bank. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Mohit Bhatnagar, Senior Manager and has made a statement at the bar that the parties have compromised the matter for a sum of Rs.10.00 Lacs and he does not want to pursue the present OA. Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .
(A S Narang) Presiding Officer DRT-I, Chandigarh
PANKAJ
Parties & counsel
- applicant
Canara Bank
- respondent
Karnail Singh
Coram
A S Narang
Case details
As recorded by the court registry
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