In a hybrid mode, the Tribunal recorded an amicable settlement between the applicant bank and the respondent regarding an amount of Rs. 2,50,000 submitted under National Lok Adalat and disposed of the matter.
The matter is recorded as settled, original documents returned, date cancelled, and file consigned to record room.
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.
DEBTS RECOVERYTRIBUNAL'II, DELHI
organisedBv:DRT.tI,DelhiAuthoriW:DsLsA,Delhi
TAlL2O7l2022
Petitioner/APplicant: AXIS BANK Defendant/Respondent:URFEE HAIDERANDOTHERS
No. ofproceedings of ttre ItemNO.53 of the Tribunal Name of Presidingofficer : shri sushil Kumar Rastogi, Presiding officer' DRT-II, Dethi &National Lok Adalat Judge
Name of Members(1) Mr. Yash Pal, Registrar, DRT.II, Delhi
AWARD
This matter istaken by this Tribunal in hybridmodei.e. physical as well as through Video Conferencing.
The disputebetween the parties having been referrg! for determinationto the National LokAdalai ind the'partieshavinicompromised/settled the case/matter,the following Awardis passedin terms of the Settlement'
Present:- ShriVatsal Parewa, counselfor applicant bankalongwith Mr' Rohit Baluni, authorizedrepresentative
The Ld. counselfor applicant bank alongwith shri Mr. Rohit Baluni, authorized repiesentativesubmits tl'rat bant<has receiv-edan amount of Rs.2r5oro00/-towards fuit anO finalsatisfactionof the claims of the bankbefore NationalLok Adalat'
Accordingly,the dispute betweenthe parties stands amicablysettled'
This compromisesettlementbetweenthe partiesis suo mottoand with free will'
In these circumstances,compromise is recorded. Now, the matterstand disposed of in terms of compromiseand ihe original documents,if any, filed before DRT-II, Delhi be returned toapplicantbank.The Jate already fixed in the matter beforeDRT stands cancelled. Thefile be consigned to recordroom'
The applicantbankis at liberty to move an appropriate applicationfor seeking refund of court fees.
.r' Defendpnt/ResPondent ROAC Petitioner/APP|icant
1r$[i .rfr)
-/ P\er*t'r
"Bro+
(Registrar) Member-I
(Ar (Presiding urficer) DRT-II' Delhi& Nationat LokAdalat Judge
AXIS BANK
UR FEE HAIDER AND OTHERS
sushil Kumar Rastogi
Yash Pal
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
