The Debts Recovery Tribunal dismissed an original application filed by Punjab National Bank against M/S Guleria Traders as the matter was compromised and the applicant withdrew the proceedings.
The Original Application was dismissed as withdrawn; court fees to be refunded.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/647/2023 PUNJAB NATIONAL BANK Vs M/S GULERIA TRADERS
29.01.2024 Item No.13
Present: Ms.Sonal, proxy for Sh.RS Bhatia, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Chhewang, Senior Manager, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.18,50,000/- and she does not want to pursue the present OA. Accordingly, the OA filed by the applicant bank is dismissed as withdrawn . Registrar is directed to refund the court fees as per rules.
File be consigned to record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
MANOJ
PUNJAB NATIONAL BANK
M/S GULERIA TRADERS
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
