Debts Recovery Tribunals and Appellate Tribunals

ICICI BANK LIMITED vs Vinod Kr Gupta and Ors on 10 May 2025

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9n\c'/^\t" !-rot' pEBTS RECOVERY TRTBUNA!--rr, DELHr NATIONAL LOK ADAIAT HELD ON 1O.O5.2O25 (Satuday) Oryanised Bv: DRT-II, Delhi Authoritv: DSISA, Delhi TA130812023 Petitioner/Applicant : ICIfl BANK Defendant/Respondent : vINoD KR GUPTA AND ORS No. of Proceedings of the ltem No.21 of the Tribunal Name of Prcsiding Ofrier : Shri Sushil Kumar Rastogi, Prcsiding Offier, DRT-II, Delhi & National Lok Adalat Judge Name of Memberc (1) Shri Vaatsalya Kumar, Recovery Offier AWARD This matter is taken by this Tribunal in hybrid mode i.e. physica! as well as through Video Conferencing. The dispute between the pafties 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 Bikas Kumar Jha, Counse! for applicant Bank alongwith Shri Amardeep Singh, AR of applicant Bank None for CDs Shri Amardeep Singh, Manager/authorized officer of the applicant bank and Shri Bikas Kumar Jha, Counsel submits that bank has received an amount of Rs.446r50,000/- towards full and final satisfaction of the claims of the bank before National Lok Adalat. Accordingly, the dispute between the pafties 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. l-^ Applicant ROAC Defendant/Respondent t q \^ph&4{7 (Re&very Officer) Member-I C,\ (Prcsidingofficer) DRT-II, Delhi & National Lok Adalat Judge

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