Debts Recovery Tribunals and Appellate Tribunals

BAJRAG SINGH vs MENTOR HOME LOANS INDIA LIMITED on 14 November 2025

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BEFORE THE NATIONAL LOK ADALAT

ORGANISED ON 14TH NOVEMBER, 2025 BY THE

DEBTS RECOVERY TRIBUNAL, JAIPUR

RA no. 12/2025 IN S.A. No.341/2019

Applicant(s)/Appellant(s)/Certificate Holder(s) :

BAJRAG SINGH

(hereinafter referred to as borrower/guarantor(s))

VERSUS

MENTOR HOME LOANS INDIA LIMITED

Respondent(s)

(hereinafter referred to as bank/financial institution)

COMPROMISE

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1. The borrower is agreed to pay Rs. 30,00,000/- in two installments as full and final settlement of the dues as under: -

a) Rs. 15,00,000/- till 15.11.2025

b) Rs. 15,00,000/- till 30.12.2025

1. The bank authority and the borrower have agreed voluntarily with full consent to receive that amount by the bank and to give that amount by the borrower.

2. The Bank/FI states that they have agreed to receive an amount of Rs. 30,00,000/- (Thirty Lac) as full and final settlement.

3. It is settled that borrower does not owe any further amount to the bank in respect of the above accounts after above payment.

Applicant(s)/Appellant(s)

Defendant(s)/Respondent(s)

Advocate for the Applicant(s)/

Advocate for the Defendant(s)/ Authorized Representative

Authorized Representative

Chairman

Member

Member

Date:14th November, 2025 Place: Jaipur

ORDER/AWARD

In view of the statement made by the parties the Review Application no.12/2025 stands disposed of. After the complete payment possession of the property be restored in favor of the applicant/borrower.

Date: 14th November, 2025

(Vimal Gupta) Presiding Officer& Chairman of the Lok Adalat, Debts Recovery Tribunal, Jaipur

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