The Debts Recovery Tribunal dismissed an operating application by Allahabad Bank against M/s Choudhary Builcon as withdrawn following a compromise between the parties for Rs. 20.00 Lacs.
Operating application dismissed as withdrawn due to compromise between parties for Rs. 20.00 Lacs.
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DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
TA/97/2022 ALLAHABAD BANK Vs M/S CHOUDHARY BUILDCON
23.07.2025 Item No.49
Present: Mr. Sumit Batra, Counsel for the Applicant. None for defendants.
Counsel for the applicant bank has filed the affidavit of Shri Amarjit Singh Sasan, Branch Head and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.20.00 Lacs 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
ALLAHABAD BANK
M/S CHOUDHARY BUILDCON
A S Narang
As recorded by the court registry
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