Debts Recovery Tribunals and Appellate Tribunals
BANK OF INDIA vs M/S SASMAL CYCLE GARAGE & CYCLE HOSPITAL AND ORS on 9 March 2024
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BEFORE THE LOK ADALAT AT DEBTS RECOVERY TRIBUNAL-1, KOLKATA. JEEVANSUDHA BUILDING, 42C,JAWAHARLAL NEHRU ROAD 9th Floor, KOLKATA-700 071 Dated 9th March,2024. SL No.35 Plaintiff: Bank of India, Represented by Akro Mitra, Chief Manager. Defendant/Respondent M/s Sasmal Cycle Garage & Cycle Hospital & ors Represented by :None Case No. TA/260/2014 PRESENT:
SHRI AMBUJA MOHAN DAS DISTRICT JUDGE(RETD.)
SMT. SOMA CHOWDHURY ADVOCATE A W A R D The dispute between the parties have been referred for determination in the Lok Adalat and the parties having compromised /settled the case/matter, the following award is passed in terms of the settlement :- The case is taken up for hearing. The claim of the petitioner Bank recoverable from the Defendant amounts to Rs. 18.00 lakhs plus further interest. The parties have amicably settled dispute at Rs.8.91 lakhs. In view of the compromise arrived between the parties the TA is disposed of in terms of the settlement. Ld. Registrar is directed to refund of Court Fee to the Applicant Bank in terms of the Rules. (SOMA CHOWDHURY) (AMBUJA MOHAN DAS) ADVOCATE JUDICIAL OFFICER(RETD.) MEMBER OF THE BENCH MEMBER OF THE BENCH OF LOK ADALAT OF LOK ADALAT