In this abbreviated order, the Debts Recovery Tribunal dismissed an origin application filed by the applicant bank. The counsel for the applicant stated that the parties had compromised the matter for a sum of Rs.9,34,220/- and withdrew the application.
Origin application dismissed as withdrawn; court fees to be refunded.
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.
DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
TA/77/2023 JAMMU AND KASHMIR BANK LIMITED Vs M/S BHAT CLOTH HOUSE
23.01.2024 Item No.93
Present: Sh. PS Sobti, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Mohammad Ashraf Magray, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.9,34,220/- 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
Jammu and Kashmir Bank Limited
M/s Bhat Cloth House
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
