Lok Adalat settled a bank recovery dispute between Aditya Birla Finance Ltd and Ms G P Foods Pvt Ltd. The claim was compromised at Rs. 9 crore, and the objectionable award was disposed of accordingly.
The objectionable award is disposed of in terms of the amicable settlement arrived at between the parties.
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BEFORE THE LOK ADALAT AT DEBTS RECOVERY TRIBUNAL-1, KOLKATA. JEEVANSUDHA BUILDING, 42C,JAWAHARLAL NEHRU ROAD KOLKATA-700 071
Dated 13TH JUNE, 2026
Plaintiff:
Defendant/Respondent
MS GEE PEE FOODS PVT LTD AND ORS
Represented by Ld. Advocate ADITYA BIRLA FINANCE LTD AND ANR Represented by Mr. Amarjit Singh Authorised Officer
Case No. SA/425/2023 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 petitioner Bank recoverable from the Defendant amounts to Rs. 12,58,12,569.29.
The parties have amicably settled dispute at Rs. 9,00,00,000.00/-.
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.
(SUMITRA DAS) (AMBUJA MOHAN DAS) LD. ADVOCATE JUDICIAL OFFICER (RETD.) MEMBER OF THE BENCH MEMBER OF THE BENCH OF LOK ADALAT OF LOK ADALAT
ADITYA BIRLA FINANCE LTD AND ANR
MS GEE PEE FOODS PVT LTD AND ORS
Ambuja Mohan Das
Sumitra Das
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
