On 22.08.2025, the Debt Recovery Tribunal dismissed an Original Appeal filed by Kotak Mahindra Bank Limited as withdrawn after the parties compromised the matter for Rs. 45,00,000/-.
OA dismissed as withdrawn.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1258/2024 KOTAK MAHINDRA BANK LIMITED Vs SH. SUKHDEV SINGH
22.08.2025 Item No.73
Present: Sh. Sukhvinder Singh, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Munish Sharma, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.45,00,000/- and he does not want to pursue the present OA. Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .
File be consigned to record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
MANOJ
KOTAK MAHINDRA BANK LIMITED
SH. SUKHDEV SINGH
A S Narang
As recorded by the court registry
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