National Lok Adalat recorded an amicably settled compromise between Canara Bank and Techman Buildwell Pvt Ltd regarding a recovery dispute, disposing of the matter entirely.
Settlement recorded and matter disposed of; original documents returned to applicant bank; fixed date cancelled.
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DEBTS RECOVERY TRIBUNAL-II,DELHI NATIONAL LOK ADAUITHELDON 22.03.2026(SUNDAY)
Organised By: DRT-II, Delhi
Authority: DSISA,Delhi
TAlL34l2022
Petitioner/Applicant : CANARA BANK Defendant/Respondent: M/STECHMANBUILDWELL PvT LTD
No. of Proceedings of the IIC!!!.@@-of the Tribunal
Name of Prcsiding Ofricer: Shri Sushil Kumar Rastogi, Presiding Officer, DRT-II, Delhi & NationalI'ok Adalat Judge
Name of Members(1) Mr. Yash Pal, Registrar, DRT-II,Delhi
AWARD
This matter is taken bythis Tribunal in hybrid mode i.e. physical as well as through Video Conferencing.
The dispute between theparties having been referred for determination to the Nationai Lok Adalat andthe parties having compromised/settledthe case/matter, the following Award ispassedin terms of the Settlement.
present:- Shri Navin Kumar, Counsel for applicant bank alongwith Shri Manoj Kumar, authorizedrePresentative
Shri Ajit Kumar Pandey,borrower in person
The Ld. Counsel forapplicantbank alongwith ShriPawan Kumar,authorized representative submits thatbank has receivedan amountof Rs.1255r88r303.99 towards full andfinal satisfaction of the claimsof the bank before NationalLok Adalat.
Accordingly, the disputebetweenthe parties stands amicably settled.
This compromise settlementbetweenthe pafties is suo mottoand with ftee will.
In these circumstances,compromise is recorded. Now, the matterstand 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 file beconsigned to record room.
The applicant bank is at libefi to move an appropriate application for seeking refund
of fees.
.W
.)tn+^^-
ROAC Petitionbr/Applicant ROAC Defendant/ResPondent
(
I (Registrar)
Member-I
c4.
(Presiding ottcer)
DRT-II, Delhi &
National Lok Adalat Judge
Canara Bank
Techman Buildwell Pvt Ltd
Sushil Kumar Rastogi
Yash Pal
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
