The Debts Recovery Tribunal disposed of a matter where the parties had amicably settled the dispute. The Tribunal recorded the settlement, returned original documents to the applicant bank, and declared the case concluded.
Original documents to be returned to the applicant bank; the matter stood disposed of in terms of compromise.
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DEBTS RECOVERY TRIBUNAL-II, DELHI
DRT-II, Delhi
AuthoriW: DSLSA, Delhi
'Al86Ll2022
ner/Applicant
HDFC BANK
Respondent: M/S SARTHAK STEEL
of Proceedings of the ltem NO.O5of the Tribunat
me of Presiding Officer : Shri SushilKumar Rastogi, Presiding Officer, -II, Delhi & National Lok Adalat Judge
ame of Members(1) Mr. Yash Pal, Registrar, DRT-II,Delhi
AWARD
matter is taken by this Tribunal inhybrid mode i.e. physical as wellas through deo Conferencing
dispute between theparties havingbeen referredfor determination to the onal Lok Adalat and theparties havingcompromised/settled the case/matter, the owing Award ispassed in terms ofthe Settlement.
resent:- Shri Navin Kumar, Counselfor applicant bankalongwithMs. Shubhangi Dayal, Legal Manager of applicant bank
Ld. Counsel for applicant bank alongwithMs. Shubhangi Dayal, LegalManager itsthatbank has received an amount of Rs.84,OO,000/- towards full and final ction of the claims of the bank beforeNationalLok Adalat.
ingly, the dispute between theparties standsamicably settled.
compromise settlement between thepafties is suo mottoand with free will
these circumstances, compromise is recorded.Now, the matterstand disposed of n terms of compromise and the original documents ,if any,filed before DRT-II, Delhi returned to applicant bank. The date alreadyfixed in the matter beforeDRT stands celled. The file be consigned to recordroom.
(\N N N\ t$t E H
a bank is at libefty to move an appropriate application for seekingrefund
Defendant/Respondent /ApplicantROAC 4 (Registrar) |[emQer-r
g)'t (Presiding ufficer) DRT-II, Delhi & National Lok Adalat Judge
HDFC Bank
M/S SARTHAK STEEL
Shri Sushil Kumar Rastogi
Mr. Yash Pal
As recorded by the court registry
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