In an original application for debt recovery, the Debts Recovery Tribunal, Jabalpur, disposed of the case as withdrawn after the applicant bank and defendants mutually settled the account, with the defendants depositing the full amount demanded.
The application was disposed of as withdrawn; Court fee refunded.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.
BEFORE THE LOK ADALAT DEBTS RECOVERY TRIBUNAL : JABALPUR
AWARD
tn
Original Application No. -111812024
Present:-
Reference made by
Applicant Bank through Shri ShriPrakash Kumar Argal,Advocate
Between:-
Canara Bank, Bhopal Applicant
Versus
M/s Bharti Nature and Oxygen & Others-------Defendants
2
OA
have mutually settled the loan account and Defendants have deposited the entire amount of Rs. 1,73,70,819.61 only ( Rs One crore Seventy Three Lakh Seventy Thousand Eight Hundred Nineteen only) in full and final settlement. The Counsel for Applicant prays for withdrawal of the case as there remains nothing to recover from the Defendants. ln view of the statement made before this Lok Adalat, the OA is disposed of as withdrawn. Court fee be refunded as per rules.
(Given under the hand and seal of the Lok Adalat Bench on this the 13th Day of Sep 5)
(s ehlata Dixit) Member
(Ra Patel) Presiding Officer
Canara Bank, Bhopal
Ram Niwas Patel
Snehlata Dixit
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
