A Lok Adalat awarded settlement amounts for a dispute between Yes Bank Limited and corporate respondents over bank recoveries. The claim adjusted to an amicably settled figure.
Lump sum settlement of Rs. 25,03,036.00/- agreed upon by parties; original claim dismissed.
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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 Limited
Represented by
Defendant/Respondent
Mr. Sourav Das, Ld. Advocate and Mr. Koushik Kumar Das, Authorised Officer M/S Sreekisan Pannalall & Ors. Represented by - None
Case No. OA/46/2023 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. 32,27,573.44/-.
The parties have amicably settled dispute at Rs. 25,03,036.00/-.
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
(12)
Yes Bank Limited
M/S Sreekisan Pannalall & Ors.
Soma Chowdhury Bandhu
Ambuja Mohan Das
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
