An application under Section 34 of the SARFAESI Act filed by Punjab National Bank was dismissed as withdrawn because the parties reached a compromise for Rs. 6,40,000/-.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/366/2023 PUNJAB NATIONAL BANK Vs AMARJIT SINGH
26.05.2025 Item No.52
Present: Mr. Ankit Kaushal, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Gagandeep Jangra, and has made a statement at the bar that the parties have compromised the matter for a sum of Rs.6,40,000/- 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
PANKAJ
Punjab National Bank
Amarjit Singh
A S Narang
As recorded by the court registry
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