Debts Recovery Tribunals and Appellate Tribunals

AXIS BANK vs Sonia Devi and Others on 10 May 2025

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EF: ILS .} '-r- P \<r F,P \r! ,tt P DEBTS RECOVERY TRIBUNAI.II, DELHI NATIONAL LOK ADALAT HELD ON 1O.05.2O25 (Saturdav) Organised By: DRT-fI, Delhi AuthoriW: DSLSA, Dethi t lailil_ruJt Petitioner/Applicant : AXIS BANK Defendant/Respondent : SONIA DEVI AND ORS No. of Proceedings of the Item No.3 of the Tribunal Name of Presiding Ofricer : Shri Sushil Kumar Rastogi, Presiding Officer, DRT-II, Delhi & National lok AdalatJudge Name of Memberc (1) Shri Vaatsalya Kumar, Recovery Offier AWARD This matter is taken by this Tribunal in hybrid mode i.e. physical as well as through Video Conferencing. The dispute between the pafties having been referred for determination to the National Lok Adalat and the pafties having compromised/settled the case/matter, the following Award is passed in terms of the Settlement. Present:- Shri Gyanendra Kumar, AR of Applicant Bank None for the defendants Shri Gyanendra Kumar, authorized officer of the Applicant Bank submits that bank has received an amount of Rs.1d50r000/- towards full and final satisfaction of the claims of the bank before National Lok Adalat. Accordingly, the dispute between the parties stands amicably settled Th[s compromise settlement between the pafties 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 liberty to move an appropriate application for seeking refund of court fees. tl^ ROAC Petitioner/Applicant ROAC Defendant/Respondent \ lrt (Recovery Member-I EA (Prcsiding Officer) DRT-II, Delhi & Nationa! Lok Adalat Judge

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