A Lok Adalat disposed of an Original Application filed by Punjab & Sind Bank against a corporate defendant by recording a compromise settlement of Rs. 3,80,10,000/- excluding interest and refunding court fees.
Settlement of dispute at Rs. 3,80,10,000/- excluding interest; disposal of OA; refund of court fees to applicant bank.
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BEFORE THE SPECIALLOK ADALAT AT DEBTS RECOVERY TRIBUNAL-3,KOLKATA. JEEVAN SUDHA BUILDING,42C, JAWAHARLALNEHRU KOLKATA-7OO 071
Dated 3oth Mav' 2026
Punjab & Sind Bank Represented by:
Plai ntiff:
ffi
l'4r, Sumeet Kumar Singh
Defendant/Respondent
M/s. Moonlink BusinessPvt. Ltd. & Ors. Represented by -
Case No. OA 160 of 2022
Present:
MR. ANIRBAN MAJUMDER 2)
,UDICIAL OFFICER(RETD.) ADVOCATE(MEMBER)
AI{AU
The dispute between theparties have been referred for determination in the Lok Adalat and the parties having compromised/settled thecase/ matter, the following award ispassed in terms ofthe settlement :-
The case is taken up for hearing.
The claim of the petitioner Bank recoverable from theDefendant amounts to Rs.9,93,10,11U- +furtherinterest.
The parties have amicably settled dispute at
Rs.3,80,10,000/-
In view of the compromise arrived between theparties, the OAis disposed of in terms of the settlement.
Learned Registrar ls directed to refund of Court Fee to theApplicant Bank in terms of the Rules.
n _--+v-- -,,/ - 1irn.rrrnalr uruu\o:nffi , ADVOCATE, NON-JUDICIAL MEMBER OF THE BENCH OF LOK ADALAT
Dtr teDry)+i;; (ARBINDIt,IADHAV) JUDICTAL OFFICER(RETD.) MEMBER OF THE BENCH OF LOK ADALAT
Punjab & Sind Bank
M/s. Moonlink Business Pvt. Ltd. & Ors.
ARBIND MADHAV
JUDICIAL OFFICER (RETD.)
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
