Single-line order dismissing an original application filed by a bank. The matter was settled via a compromise agreement of Rs.5.00 Lacs, leading the bank to withdraw the application.
Application dismissed as withdrawn; court fees directed to be refunded.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1388/2024 INDIAN OVERSEAS BANK Vs SH. SURJIT SINGH
12.08.2025 Item No.70
Present: Mr. R.V. Mehra, Counsel for the Applicant (on VC). None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Vishram Meena, Manager and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.5.00 Lacs 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
PANKAJ
Indian Overseas Bank
Sh. Surjit Singh
A S Narang
As recorded by the court registry
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