The Debts Recovery Tribunal dismissed an original application filed by Punjab National Bank as withdrawn by the applicant, stating that the matter had been compromised for a sum of Rs.1,05,00,000/- under the OTS scheme.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/913/2022 PUNJAB NATIONAL BANK Vs SURYA LAND PROMOTERS PVT LTD 22.12.2025 Item No.83
Present: Mr.Lovish proxy for Sh.Neeraj Madan, Counsel for the Applicant. None for the defendants.
Counsel for the applicant bank has filed the affidavit of Mr. Vishav Ratan Jindal, Senior Manager, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.1,05,00,000/- under the OTS scheme 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
PANKAJ
Punjab National Bank
Surya Land Promoters Pvt Ltd
A S Narang
As recorded by the court registry
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