Debts Recovery Tribunals and Appellate Tribunals

PUNJAB NATIONAL BANK vs ADITI GARG on 10 May 2025

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DEBTS RECOVERY TRIBUNAL.II, DETHI NATIONAL LOK ADALAT HEID ON 1O.O5.2O25 (Satudav) Organised By: DRT-II, Delhi Authority: DSLSA, Delhi TA192012023 Petitioner/Applicant : PUNJAB NATIONAT BANK Defendant/Respondent : ADm GARG No. of Proceedings of the Item No,17 of the Tribunal Name of Prcsiding Offioer : Shri Sushil Kumar Rastogi, Presiding Officer, DRT-II, Delhi & National lok Adalat Judge Name of Memberc (1) Shri Vaatsalya Kumar, Reovely 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 KC Roy, Law Officer of Applicant Bank None for the defendants Shrl KC Roy, Law Officer of the Applicant Bank submits that bank has received an amount of Rs.34r00rOO0/- 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 court fees. Alolorfr"f ROAC Petitioner/Applicant ROAC Defendant/ Respondent \ \ ^oJ[//%fql( (Recovery Officer) Member-f €Ar. (Presiding Officer) DRT-II, Delhi & National Lok Adalat Judge

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