The Single Appellate petition in a banking recovery matter was disposed of as the court recorded that an out-of-court settlement agreement had been reached and the applicant had disbursed the settlement amount.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
SA/153/2024 M/S VIKAS AGROTECH Vs STATE BANK OF INDIA
23.10.2025 Item No.30
Present: None for the Applicant. Mr. Vivek Verma, Counsel for respondent bank.
Mr. Verma, states that there was OTS settlement between the parties and the applicant has made the payment as per the OTS settlement. In view of this, SA stands disposed of.
File be consigned to record room after due compliance.
(A S Narang) Presiding Officer DRT-I, Chandigarh
PANKAJ
M/S VIKAS AGROTECH
STATE BANK OF INDIA
A S Narang
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
