Bank of India v. Naitik
Case brief
What is this about?
Special and National Lok Adalat permitted withdrawal of Debt Recovery Tribunal application by Bank of India after partial settlement payment. Court fees refunded and original documents returned.
What did the court decide?
Application withdrawn. Court fees refunded. Original documents returned to the applicant.
What the court decided
BEFORE THE SPECIAL AND NATIONAL LOK ADALAT ORGANISED ON 25APM AND DISTRICT LEGAL SERVICES AUTHORITY
OA No. 23612022 ( Supp Sr.no.Gg ) a3
OA Withdrawal
Ar) plica n t(s) : Bank of India (hereinafter referred to as bank / financial institution)
VERSUS
Defen da n t(s) : Natik Sanjay Ahuja & Others. (hereinafter referred to as / borrower / guarantor(s))
Details of dispute / claim : The claim of the bank is to the tune of Rs. 69,53,619.06/- with cost and interest.
The det-endant/s has paid the dues in his / their loan account an amount of Rs. 28,86,000/- (Rupees Twenty Eight Lakh Eighty Six Thousand only) as settlement amount under orS. Therefore, the applicant bank does not want to proceed further. Hence present original Application may be withdrawn as per the Withdrwal Pursis filed by the applicant bank which is marked as .A,.
The request for return of original documents as per rules is permitted. Since the matter is before the Special and National Lok-Adalat, the Court Fees be refunded to the applicant bank as per rules,
RS
Parties & counsel
- applicant
Bank of India
Coram
Shri. Md Adwant
Case details
As recorded by the court registry
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