The Debt Recovery Tribunal dismissed an Original Application filed by Punjab National Bank against Backsis Singh Rana as withdrawn following a compromise reached between the parties for a sum of Rs. 19,00,000/-.
OA dismissed as withdrawn after parties compromised for Rs. 19,00,000/-.
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.
DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/2171/2022 PUNJAB NATIONAL BANK Vs BACKSIS SINGH RANA
10.02.2025 Item No.42
Present: Sh. Jatinder Sharma, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Vinay Sharma, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.19,00,000/- 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
Punjab National Bank
Backsis Singh Rana
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
