The National Lok Adalat disposed of a loan recovery dispute between ICICI Bank Limited and Ayla Bari Tea Company Private Limited by enforcing a settlement at Rs. 57,41,000.15.
Disposal of the OA in terms of the settlement reached between the parties at Rs. 57,41,000.15.
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BEFORE THENATIONAL LOK ADALAT AT DEBTSRECOVERY TRIBUNAL-3,KOLKATA. JEEVANSUDHABUILDING, 42C,'AWAHARLALNEHRUROAD 8" FLooR,KoLKATA-7oo 071
Dated Mav10, 2025
ffi,".
Plaintiff:
Defendant/ ResPondent
ICICI BankLimited
Ayla Bari TeaComPanY Private Limited& Anr.
case No' OA/37a12022(sl No.s)
PRESENT:
(2) SHRI ANIRBANMAJUMDER,Advocate (Member)
AWARD
Upon consentof the parties, the dispute between the partieshavebeen referred for determinationto the Lok Adalat and the parties havingcompromised /settledthe case/matter,the following award is passedin terms of the settlement :-
The case is takenuP for hearing.
The claim of thepetitionerBank recoverablefromthe Defendant amounts to
Rs. 43,12,383.50pplus further interest
Theparties haveamicablysettled disputeat Rs 57.41'OOO'15p'
In view of thecompromise arrivedbetween the parties the OAis disposed of in terms of thesettlement'
Bank may fileseparate applicationbeforeRegistrar for refund of court fees. Registrarwill do the needful in accordance !'/ithlaw'
(SHRI KAMAL DE) J udicial officer( Retd. )
P-l--.1-(SHRI ANIRBAN I'IAJUMDER) Advocate(Member)
ICICI Bank Limited
Ayla Bari Tea Company Private Limited
Kamal De
Anirban Majumder
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
