Lok Adalat disposed of a banking recovery dispute after the parties reached an amicable settlement, fixing the recoverable claim at Rs. 85,52,245/-.
The Respondent Bank's claim was agreed to be recovered from the Applicant at Rs. 85,52,245/-.
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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: M/s. Aspolight Vyapaar Pvt. Ltd. Represented by : Mr. Sourav Das.
Defendant/Respondent HDB Financial Services Ltd. Represented by : Ms. Puja Sur, Bank Official.
Case No. SA 288 of 2023 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 Respondent Bank recoverable from the Applicants is amicably settled at Rs.85,52,245/-.
In view of the compromise arrived at between the parties, the SA is disposed of in terms of the settlement.
(SWAPNA MUKHERJEE) (ARUP KUMAR DAS) LD. ADVOCATE JUDICIAL OFFICER (RETD.) MEMBER OF THE BENCH MEMBER OF THE BENCH OF LOK ADALAT OF LOK ADALAT
M/s. Aspolight Vyapaar Pvt. Ltd.
HDB Financial Services Ltd.
Arup Kumar Das
Swapna Mukherjee
As recorded by the court registry
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