Lok Adalat disposed of a debt recovery case between ICICI Bank Ltd. and MD Meraj based on a compromise settlement amounting to Rs.33,53,693/-, agreeing on a reduction from the claimed debt.
Settlement of dispute at Rs.33,53,693/-. Original application disposed of in terms of settlement.
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BEFORE THE LOK ADALAT AT DEBTS RECOVERY TRIBUNAL-1, KOLKATA. JEEVANSUDHA BUILDING, 42C, JAWAHARLAL NEHRU ROAD KOLKATA-700 071
Dated 13th September, 2025
Plaintiff:
ICICI Bank Ltd.
Represented by Mr. Shamim Aslam. Authorised Signatory.
Defendant/Respondent
MD MERAJ (PROPRIETOR OF MS MM ENTERPRISE) Represented by - None
Case No. OA 68 of 2024 Present:
1) SHRI AMBUJA MOHAN DAS DISTRICT JUDGE (RETD.) 2) SHRI SUCHETA MITRA ADVOCATE
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.56,06,775/- + further interest.
The parties have amicably settled dispute at Rs.33,53,693/-.
In view of the compromise arrived between the parties, the OA is disposed of in terms of the settlement.
Learned Registrar is directed to refund of Court Fee to the Applicant Bank in terms of the Rules.
(SUCHETA MITRA) (AMBUJA MOHAN DAS) LEARNED ADVOCATE JUDICIAL OFFICER (RETD.) MEMBER OF THE BENCH OF MEMBER OF THE BENCH OF LOK ADALAT LOK ADALAT
ICICI Bank Ltd.
MD MERAJ
Ambuja Mohan Das
Sucheta Mitra
As recorded by the court registry
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