In a Lok Adalat at DRT-1, Kolkata, a dispute between Yes Bank Ltd. and S De Pester Company was settled out of court. The parties compromised the claim amounting to Rs 4,00,000.00/-, and the objection application was disposed of based on the settlement.
The dispute was settled for Rs. 4,00,000.00/-; the objection application was disposed of.
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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 April , 2026
Plaintiff:
YES BANK LTD.
Represented by
Ms. Saba Rahaman, Ld. Advocate
Defendant/Respondent
S DE PESTER COMPANY
Represented by
-None
Case No. OA/27/2026 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. 26,85,170.87/-.
The parties have amicably settled dispute at Rs. 4,00,000.00/-.
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.
(SOMA CHOWDHURY BANDHU) (AMBUJA MOHAN DAS) LD. ADVOCATE JUDICIAL OFFICER (RETD.) MEMBER OF THE BENCH MEMBER OF THE BENCH OF LOK ADALAT OF LOK ADALAT
(32)
(32)
1 provisions across 1 enactments
YES BANK LTD.
S DE PESTER COMPANY
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
