Special Lok Adalat organized by DRT-II, Delhi. Parties settled the debt dispute. Applicant bank received Rs. 11,00,000 for full settlement. Award passed and matter disposed of.
Disputes settled; award passed on compromise; fixed date cancelled; documents to be returned to the bank.
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DEBTS RECOVERY TRIBUNAL.II, DETHI
spEcrAL LoK ADALAT HELD ON 30.05.2026 (SATURDAY)
Organised By: DRT-II, Delhi
Authority: DSLSA, Delhi
TAlL2L8l2024
Petitioner/Applicant : ICICI BANK LIMITED
Defendant/Respondent : SH AKHIAK ALI
No. of Proceedings of flr" @
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. ArchanaSehgal,RecovelyOfficer-I
AWARD
This matter is taken by this Tribunalin hybrid mode i.e. physical as well as through Video Conferencing.
The dispute between theparties having been referredfor determinationto the Special Lok Adalat and theparties havingcompromised/settledthe case/matter, the following Award ispassed in termsof the Settlement.
Present:- Mr. Suraj Sharma,Counselfor applicant bankalongwith Mr. Paramjit Singh Negi, Legal Manager
None for defendants
The Ld. Counsel for applicantbank alongwith Officersubmits thatbank has received an amount of Rs.11r0OrOOO/-towardsfull and final satisfactionof the claims of the bank before SpecialLok Adalat.
Accordingly, the disputebetweenthe parties stands amicably settled.
This compromise settlementbetweenthe partiesis suo mottoand with free will.
In these circumstances,compromiseis recorded. Now, the matter stand disposed of in terms of compromiseand the original documents,if any, filed before DRT-II, Delhi be returned to applicantbank. The date already fixed in the matter beforeDRT stands cancelled. The filebe consignedto record room.
The applicant bankis at libefi to move an appropriate applicationfor seeking refund of court
ROAC ner/Applicant ROAC Defendant/Respondent
?oUor^"-f
( Officer)
Member-I
T}
(Presidir{g vfficer)
DRT-II, Delhi &
Special Lok Adalat Judge
ICICI BANK LIMITED
SH AKHIAK ALI
Sushil Kumar Rastogi
Archana Sehgal
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
