Lok Adalat awarded a settlement in an origin appeal regarding a bank recovery claim. Parties compromised a disputed amount of Rs. 2.23 crore for Rs. 1.26 crore, disposing of the order immediately.
Case disposed based on settlement of Rs. 1,26,00,000.00; court fee refunded.
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BEFORE THE LOK ADALAT AT DEBTS RECOVERY TRIBUNAL-1, KOLKATA. JEEVANSUDHA BUILDING, 42C,JAWAHARLAL NEHRU ROAD KOLKATA-700 071
Dated 25th JULY, 2026
Plaintiff:
PUNJAB NATIONAL BANK Represented by Mr. Subrata Mallick,Chief Manager and Mr. K.S. Mishra, Senior Manager (Law)
Defendant/Respondent
M/S EDULIGHT PUBLICATIONS PVT.LTD Represented by-None
Case No. OA/112/2023 Present:
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. 2,23,17,996.26.
The parties have amicably settled dispute at Rs. 1,26,00,000.00/-.
In view of the compromise arrived between the parties the OA is disposed of in terms of the settlement.
Ld. Registrar is directed to refund of Court Fee to the Applicant Bank in terms of the Rules.
(TANUKA BASU) (AMBUJA MOHAN DAS) LD. ADVOCATE JUDICIAL OFFICER (RETD.) MEMBER OF THE BENCH MEMBER OF THE BENCH OF LOK ADALAT OF LOK ADALAT
(2)
PUNJAB NATIONAL BANK
M/S EDULIGHT PUBLICATIONS PVT.LTD
TANUKA BASU
AMBUJA MOHAN DAS
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
