Axis Bank v. Tek Ram
Case brief
What is this about?
Application was withdrawn by the applicant bank after the debtor affirmed that the account was settled in full and final to the extent of Rs. 8,80,000/-; OA dismissed accordingly.
What did the court decide?
OA dismissed as withdrawn.
What the court decided
DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/ 266/ 2025 AXIS BANK Vs TEK RAM AWARD
13.12.2025 Item no 81 a Present : ah C Counsel for the Applicant.
Sh. , Counsel for defendants.
File put up in the "Lok Adalat".
Bank has filed the affidavit to the effect that the account has been settled at Rs. 8,80,000/- in full and final settlement and it does not want to pursue the present OA Accordingly, the OA filed by the applicant bank is dismissed as withdrawn.
A copy of this order be given to both the parties free of cost. File be consigned to record room after due compliance. Court fee be refunded as per DRT rule.
Ajay Kdrnar Puri (RegistYa r)
A g Narang (Presiding Officer)
Parties & counsel
- applicant
AXIS BANK
- respondent
TEK RAM AWARD
Coram
A g Narang
Case details
As recorded by the court registry
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