The Debts Recovery Tribunal Lok Adalat settled a dispute between IDFC FIRST BANK LTD. and VISION PLUS & ANR. regarding a recovery claim of Rs. 23,82,695.32, where the parties amicably settled the amount to Rs. 4,50,000.00.
The defendant agreed to pay Rs. 4,50,000.00 in settlement of the claim of Rs. 23,82,695.32.
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BEFORE THE LOK ADALAT AT DEBTS RECOVERY TRIBUNAL-1, KOLKATA. JEEVANSUDHA BUILDING, 42C,JAWAHARLAL NEHRU ROAD KOLKATA-700 071
Dated 30th May , 2026
Plaintiff:
Defendant/Respondent
IDFC FIRST BANK LTD. Represented by Mr. Abhishek Mohanty, Authorised Officer VISION PLUS & ANR. Represented by-None
Case No. OA/645/2025 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. 23,82,695.32/-.
The parties have amicably settled dispute at Rs. 4,50,000.00/-.
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.
(SWAPNA MUKHERJEE) (ARUP KUMAR DAS) LD. ADVOCATE JUDICIAL OFFICER (RETD.) MEMBER OF THE BENCH MEMBER OF THE BENCH OF LOK ADALAT OF LOK ADALAT
IDFC FIRST BANK LTD.
VISION PLUS & ANR.
Arup Kumar Das
Swapna Mukherjee
As recorded by the court registry
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