On an application under Order 39 Rule 2(2) of CPC, the Debts Recovery Tribunal dismissed the application as withdrawn after the applicant bank stated that the parties had compromised the matter for Rs. 27,00,000 and did not wish to pursue further proceedings.
OA dismissed as withdrawn.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/832/2022 AXIS BANK Vs RANJIT SINGH
04.11.2024 Item No.61
Present: Sh. Deepak Jain, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Sandeep Kumar, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.27,00,000/- and he 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
AXIS BANK
RANJIT SINGH
A S Narang
As recorded by the court registry
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