A Lok Adalat award where a dispute between Punjab National Bank and M/S S.B Enterprise regarding a bank claim of Rs. 42,80,473.35 was amicably settled at Rs. 36,00,000.00. The original order was disposed of in terms of the settlement.
Settlement amount of Rs. 36,00,000.00 agreed upon and refund of court fee directed.
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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 JULY, 2026
Plaintiff:
PUNJAB NATIONAL BANK
Represented by
Defendant/Respondent
Mr. Subrata Mallick, Chief Manager and Mr. K.S. Mishra, Senior Manager (Law) M/S S.B ENTERPRISE
Represented by-None
Case No. OA/87/2022
Present:
DISTRICT JUDGE (RETD.)
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. 42,80,473.35/-.
The parties have amicably settled dispute at Rs. 36,00,000.00/-.
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.
(TANUKA BASU) (AMBUJA MOHAN DAS) LD. ADVOCATE JUDICIAL OFFICER (RETD.) MEMBER OF THE BENCH MEMBER OF THE BENCH OF LOK ADALAT OF LOK ADALAT
(5)
Punjab National Bank
M/S S.B Enterprise
Ambuja Mohan Das
Tanuka Basu
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
