Debt Recovery Tribunal Lok Adalat settled the case between Bank of India and Defendant. The recovery claim of Rs. 20.93 lacs plus interest was amicably settled for Rs. 2 lakhs. The OA was disposed of accordingly.
Case settled for Rs. 2,00,000; OA disposed in terms of settlement; court fee refunded to applicant.
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. 42
BEFORE THE LOK ADALAT AT DEBTS RECOVERY TRIBUNAL-1, KOLKATA. JEEVANSUDHA BUILDING, 42C,JAWAHARLAL NEHRU ROAD KOLKATA-700 071
Dated 1 4 th December, 2024
Plaintiff:
Defendant/Respondent
Bank Name : Bank of India Represented by : Mr. Swapan Kr. Mondal, Chief Manager Howrah Zone Mr. Amit Saraogi & Anr. Represented by : None
Case No. OA/98/2022
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. 20,93,000.00/- + further interest.
The parties have amicably settled dispute at
Rs. 2,00,000.00/- .
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.
(DHANANJOY NAYAK) (AMBUJA MOHAN DAS) LD. ADVOCATE JUDICIAL OFFICER (RETD.) MEMBER OF THE BENCH MEMBER OF THE BENCH OF LOK ADALAT OF LOK ADALAT
Bank of India
Defendant
Ambuja Mohan Das
Dhananjay Nayak
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
