Whereas the applicant^{bank has filed the instant OA in this Tribunal} for recovery of a sum of^{Rs. 106,56,45,304.64ps together with future} interest, costs etc against the^defendants.

O.A. No.50112025

Whereas, during the pendency of the Original Application before this Tribunal, the Defendants remained ex parte. Subsequently, the Applicant Bank filed I.A. No.2088 of 2026 along with a Joint Compromise Petition and Consent Terms Memo, stating that the Defendants had acknowledged their liability and agreed to settle the dues by paying a sum of Rs.263,25,27,661l- in accordance with the terms and conditions mutually agreed upon between the parties, and sought recording of the compromise and disposal of the present OA as settled.

3-a Now, in terms of the reference made before the Lok Adalat on this 25'h Day of July, 2026, the defendants settled the loan at Rs. 263,25,27,6611-. Hence the Counsel for Applicant prays for withdrawal of the case as there remains nothing to continue the case. In view of the account having been settled, the 0,4..50112025 is disposed as withdrawn. Court fee be refunded as per rules.

The Applicant is at liberty, in the event of breach or failure of the compromise terms by the Defendants, to proceed with recovery of entire dues as on the date of default, together with applicable interest and other contractual dues.

Copy of this order be provided to the concerned parties or their representatives.

(Given under the hand and seal of the Lok Adalat Bench on this the 25th day of Ju|y,2026.)

/'U^iya4p't6r. %e8/ €,1 Sri. T. V,jdV - Kumar Ms. Begari Padmavathi Sri Gu'(rmadi Member Member Presiding Officer

Punjab National Bank v. Sree Lakshmi Gayatri Hospitals Private Limited

What the court decided