The Debts Recovery Tribunal-I, Chandigarh, dismissed an Original Application filed by Jammu and Kashmir Bank Limited as withdrawn after the parties reached a compromise.
Refund of court fees as per rules
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1456/2024 JAMMU AND KASHMIR BANK LIMITED Vs M/S KALSOTRA ENTERPRISES
14.08.2025 Item No.62
Present: Mr. Gaurav Thakur, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Ankit Vasandi, Authorized Officer and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.19,37,877.03p 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
Jammu and Kashmir Bank Limited
M/s Kalsotra Enterprises
A S Narang
As recorded by the court registry
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