The Debt Recovery Tribunal dismissed an operational appeal filed by Indian Bank as withdrawn. The applicant bank stated that the matter had been compromised and the account closed, leading them to abandon the litigation.
Operational appeal dismissed as withdrawn.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/687/2023 INDIAN BANK Vs UDHAM SINGH (DECEASED)
22.08.2025 Item No.111
Present: Sh. MN Sharma, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Rajendra Kumar Rao, Branch Manager, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.35,61,000/- and the account stands closed 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withdrawn .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
MANOJ
Indian Bank
Udham Singh
A S Narang
As recorded by the court registry
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