AXIS BANK vs HANISH TECKCHANDANI on 10 May 2025

\tt, s\ -\ai \ tt"s NATIONAL tOK ADALAT HELD ON 10.O5.2O25 (Saturday) Organised Bv: DRT-II, Delhi Authoritv: DSLSA, Delhi TA1774t2024 Petitioner/Applicant : AXIS BANK Defendant/Respondent : HANISHTECKCHANDANI No. of Proceedings of the ltem No.16 of the Tribunal Name of Prcsiding Offioer : Shri Sushil Kumar Rastogi, Presiding Officer, DRT-II, Delhi & National Lok Adalat Judge Name of Members (1) shri vaatsalya Kumar, Recovely officer AWARD This matter is taken by this Tribunal in hybrid mode i.e. physical as well as through Video Conferencing. The dispute between the parties having been referred for determination to the National Lok Adalat and the parties having compromised/settled the case/matter, the following Award is passed in terms of the Settlement. Present:- Shri Navin Kumar, counsel for Applicant Bank alongwith Shri Gyanendra Kumar, AR of Applicant Bank None for the defendants Shri Gyanendra Kumar, authorized officer of the Applicant Bank and Shri Navin Kumar, counsel submits that bank has received an amount of Rs.lrl0roorooo/- towards full and final satisfaction of the claims of the bank before National Lok Adalat. Accordingly, the dispute between the parties stands amicably settled This compromise settlement between the parties is suo motto and with free will. In these circumstances, compromise is recorded. Now, the matter stand disposed of in terms of compromise and the original documents, if any, filed before DRT-II, Delhi be returned to applicant bank, The date already fixed in the matter before DRT stands cancelled. The file be consigned to record room. The applicant bank is at libefi to move an appropriate application for seeking refund of couft fees. \,\^ ROAC Petitioner/Applicant tu3.ryDer-r 4A',, (Presidingl'Officer) DRT-II, Delhi & National Lok Adalat Judge Respondent