A Lok Adalat composed of the Debts Recovery Tribunal, Kolkata, settled a debt recovery dispute between Yes Bank Limited and Promod Panigrahi under an award dated 1st December, 2025.
The case was disposed of on the terms of the compromise amounting to Rs. 25,54,414.00/-.
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.
BEFORE THE LOK ADALAT AT DEBTS RECOVERY TRIBUNAL-1, KOLKATA. JEEVANSUDHA BUILDING, 42C,JAWAHARLAL NEHRU ROAD KOLKATA-700 071
Dated : 1 3 th December, 2025
Plaintiff:
Yes Bank Limited Represented by
Mr. Biswadip Bhattacharjee, Authorised Officer and Ms. Chaitali Acharjee, Advocate
Defendant/Respondent
Promod Panigrahi, Prop. Of Kapishreshth Enterprises & Anr. Represented by - None
Case No. OA/390/2025 Present:
A W A R D
The dispute between the parties have been referred for determination in the Lok Adalat and the parties having compromised /settled the case/matter, the following award is passed in terms of the settlement:-
The case is taken up for hearing.
The claim of the petitioner Bank recoverable from the Defendant amounts to Rs. 25,29,788.45/- + further interest.
The parties have amicably settled dispute at Rs. 25,54,414.00/-.
In view of the compromise arrived between the parties the OA is disposed of in terms of the settlement.
Ld. Registrar is directed to refund of Court Fee to the Applicant Bank in terms of the Rules.
(SUCHETA MITRA) (AMBUJA MOHAN DAS) LD. ADVOCATE JUDICIAL OFFICER (RETD.) MEMBER OF THE BENCH MEMBER OF THE BENCH OF LOK ADALAT OF LOK ADALAT
Yes Bank Limited
Promod Panigrahi
Sucheta Mitra
Ambuja Mohan Das
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
