Indian Bank v. Smt. Raj Kaur
Case brief
What is this about?
Applicant bank withdrew its Original Application (OA) by compounding the debt for Rs.8,00,000/- under the OTS scheme. The DRT-I, Chandigarh dismissed the OA as withdrawn.
What the court decided
DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH
OA/1483/2025 INDIAN BANK Vs SMT. RAJ KAUR
02.02.2026 Item No.58
Present: Ms.Seerat Sharma proxy for Sh.Pankaj Beri, Counsel for the Applicant.
None for the defendants.
Counsel for the applicant bank has filed the affidavit of Shri Balraj, Branch Manager, and has made a statement at the Bar that the parties have compromised the matter for a sum of Rs.8,00,000/- under the OTS scheme and she 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 Accordingly, the OA filed by the applicant bank is dismissed as withdrawn .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
Parties & counsel
- applicant
Indian Bank
- respondent
Smt. Raj Kaur
Coram
A S Narang
Case details
As recorded by the court registry
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