Award passed by Special Lok Adalat wherein Union Bank of India and AIay Kumar Yadav & Ors amicably settled their recovery dispute. Bank received Rs.30l10,725/- as full satisfaction. Compromise recorded, matter disposed of, and dates cancelled.
Settlement recorded; amount of Rs.30l10,725/- received; matter disposed of by compromise.
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.
Ji 4'vto,: t\ &I % q xr\
DEBTS RECOVERY TRIBUNAL.II. DELHI
SPECTAL LOK ADALAT HELD ON 30.05.2026 (SATURDAY)
Orqanised By: DRT-II, Delhi
Authority: DSLSA,Delhi
oA/6s3 12023
Petitioner/Applicant
UNION BANK OF INDIA
Defendant/Respondent :
AIAY KUMAR YADAV & ORS'
No. ofproceedings of th" W
of the Tribunal
Name of Presiding Officer : Shri Sushil Kumar Rastogi, Presiding Officer, DRT-II, Delhi & Special Lok Adalat Judge
Name of Members(1) Ms. Archana Sehgal,RecovelyOfficer-I
AWARD
This matter is taken by this Tribunal inhybrid mode i.e. physical as well as through Video Conferencing.
The dispute between theparties havingbeen referredfor determinationto the Special Lok Adalat and theparties having compromised/settledthe case/matter, the following Award ispassed in terms of theSettlement.
Present:- Mr. Hemraj Siddharth,Counselfor applicant bankalongwithMr. Rishi Arora, Officer of applicant bankalongwith Ms. Shreya Maheshwari,Nodal Officer
The Ld. Counsel for applicant bankalongwith Officers submitsthat bank has received an amount of Rs.30r10,7251-towardsfull and final satisfactionof the claimsof the bank before Special Lok Adalat.
Accordingly, the dispute betweenthe parties stands amicably settled.
This compromise settlementbetweenthe parties is suo mottoand with free will.
In these circumstances, compromiseis recorded. Now, the matterstand disposed of in terms of compromise and theoriginal documents,if any, filed before DRT-II, Delhi be returned to applicant bank.The date already flxed in the matter beforeDRT stands cancelled. The file be consigned torecord room'
The applicant bank is at libefito move an appropriate applicationfor seeking refund of court fees.
\it.
ROAC Petitioner/Applicant ROAC Defendant/Respondent
( Officer)
Member-I
o.
\ (Presidi{ Officer) DRT-II, Delhi & Special Lok Adalat Judge
1 provisions across 1 enactments
UNION BANK OF INDIA
AIAY KUMAR YADAV & ORS
Shri Sushil Kumar Rastogi
Ms. Archana Sehgal
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
