National Lok Adalat disposed of a Debt Recovery Tribunal case based on a settlement between Punjab National Bank and M/s. Raja Enterprise for Rs. 22 lakhs.
Other. ↲ Court disposed OA based on Rs. 22, 00,000/- settlement between parties.
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BEFORE THE NATIONAL LOK ADALAT AT DEBTS RECOVERY TRIBUNAL-3, KOLKATA. JEEVANSUDHA BUILDING, 42C,JAWAHARLAL NEHRU ROAD
8rB FLooR, t(oLKATA-7oo 071
Dated:- March 08, 2025
Plaintiffr
:
Defendant/Respondent :
Punjab National Bank
M/s. Raja Enterprise & Anr.
Case No. O.A. 47O of 2024(Sl.No. 18)
PRESENT:
AWARD
Upon consent of theparties, the dispute between theparties have been referred for determination to the Lok Adalat and theparties having compromised /settledthe case/matter, the following award ispassed in terms of thesettlement :-
The case is taken up for hearing.
The claim of thepetitioner Bankrecoverablefrom the Defendantsamounts to
Rs. 43,7a,O71.36/-plus further interest
Theparties have amicably settleddisputeat Rs. 22,OO,ooo,/-.
In view of the compromisearrivedbetween the partiesthe OA is disposed of in terms of the settlement.
Bank may file separate applicationbeforeRegistrar for refund of court fees' Registrar will do theneedful in accordancewith law.
V
(SHRI KAMAL DE) Judicial Officer(Retd.)
(Ms. TULI SINHA) Advocate( Member)
Punjab National Bank
M/s. Raja Enterprise & Anr.
Kamal De
Tuli Sinha
As recorded by the court registry
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