JAMMU AND KASHMIR DEVELOPMENT FINANCE CORPORATION LIMITED vs UPSILON PHARMA LABS on 12 September 2026

DEBTS RECOVERY TRIBUNAL-I, CHANDIGARH

TA/113/2023 JAMMU AND KASHMIR DEVELOPMENT FINANCE CORPORATION LIMITED Vs UPSILON PHARMA LABS

AWARD

**12.09.2026**

Item No.55

Present: Sh.Agam Bansal, Counsel for the Applicant.

Sh. C.K. Jangra, Counsel for defendants.

File put up in the "Lok Adalat".

Mr.Agam Bansal has filed a copy of letter by the bank dated 13.07.2026 and has made a statement at Bar that the account has been settled under the OTS scheme and he does not want to pursue the present TA. Accordingly, the TA filed by the applicant bank is **dismissed as withdrawn**.

A copy of this order be given to both the parties free of cost. File be consigned to record room after due compliance. Court fee be refunded as per DRT rule.

Raj (F

(Pr