Special Lok Adalat awarded a settlement where the bank received full satisfaction of claims on record. The dispute was disposed of based on the recorded compromise agreement.
The dispute between parties settled; original documents returned to applicant bank; rate cancelled.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
DEBTS RECOVERY TRIBUNAL.II,DELHI
SPECIAL LOK ADAL/ITHELDON 30.05.2026(SATURDAY)
Oroanised Bv: DRT-II,Delhi
AuthoriW: DSLSA,Delhi
oLlsB7l2o23
Petitioner/ApPlicant
Defendant/ResPondent
UNION BANK OFINDIA
INDO CARRIERSAND ORS
No. ofproceedings of tfr" ItgmNO.34of the Tribunal
Name of Presidingofficer : shri sushilKumar Rastogi, Presidingofficer, DRT-II, Dethi & SpecialLok Adalat Judge
Name of Members(1) Ms. Archana sehgal, Recoveryofficer-I
AWARD
This matteris takenby this Tribunal in hybrid mode i'e. physical as well as through Video Conferencing.
The disputebetweenthe parties having been referredfor determinationto the special Lok Adalat andthe parties having compromised/settledthe case/matter, the following Award ispassedin terms of the Settlement'
present:- Mr. Hemraj siddharth, counselfor applicant bank alongwithtvlr' Rishi Arora, Oml",of applicant bank alongwith Ms. Shreya Maheshwari,Nodal Officer
\l J.0 -b aqa a
The Ld. counselfor applicant bank alongwith officerssubmitsthat bankhas received an amountof Rs,f,idr,OOrOOO/- towaidsfull andfinal satisfaction of the claimsof the bank beforeSpecial Lok Adalat'
Accordingly,the dispute betweenthe parties stands amicablysettled'
This compromisesettlementbetweenthe partiesis suo mottoand with free will'
In these circumstances,compromiseis recorded. Now,the matterstand disposed of in terms of compromiseand the original documents,if any, filed before DRT-II, Dethi be returnedto appliiantbank.The Jate already fixedin the matter beforeDRT stands cancelled.The file be consigned to recordroom'
The applicantbankis at liberty to move an appropriate applicationfor seeking refund of couft fees.
vi/
ROAC Defendant/ResPondent
ROAC Petitioner/APP!icant
Officer) Member-I
(Presidrng orrcer) DRT-II, Delhi & Special LokAdalat Judge
UNION BANK OF INDIA
INDO CARRIERS AND ORS
shri sushilKumar Rastogi
Ms. Archana sehgal
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
