In an originating application filed by the Bank of India, the Appellate Bench dismissed the OA as withdrawn after the parties settled the matter for Rs. 22,26,000/-.
OA dismissed as withdrawn by reason of compromise/settlement between parties.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1270/2023 BANK OF INDIA Vs M/S SHANTI INDUSTRIES
12.08.2025 Item No.83
Present: Ms. Lovedeep Kaur, proxy Counsel for Ms. Puja Sharma, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Harvinder Singh, Manager and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.22,26,000/- and she 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
PANKAJ
BANK OF INDIA
M/S SHANTI INDUSTRIES
A S Narang
As recorded by the court registry
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