Debts Recovery Tribunals and Appellate Tribunals

UCO BANK vs SK NOBI HUSSAIN on 3 October 2026

BEFORE THE BENCH OF SPECIAL LOK ADALAT

DEBTS RECOVERY TRIBUNAL, SILIGURI

DA TED - 03.10.2026

JOINT COMPROMISE PETITION in Case No. TOA/127/2026

UCO BANK

............ Applicant

Versus

SK NOBI HUSSAIN

.......... Defendants

The parties to the case i.e. the Applicant Bank and the Defendants have entered into compromise as follows :- .

.f

1. That at the request of the Defendant(s) the Applicant Bank has agreed to accept Rs. 21.40 lakhs (Rupees Twenty One lakhs Forty Thousand only) in full and final satisfaction of the entire claim under the TOA No.127/2026 against these Defendants.

2. The aforesaid settlement of Rs. 21.40 lakhs will be paid in the following manner.

a) Rupees Five Lakhs (Rs. 5,00,000/-) has been deposited today as upfront amount through cheque (SBI Cheque No. 963410 dated 03.10.2026).

b) Balance amount Rs. 16.40 lakhs payable from the date of filing of this Joint Compromise petition as per the following terms without interest:

* Rs. 10.00 lakhs has to be deposited by 31.10.2026.

* Rs. 3.20 lakhs has to be deposited by 30.11.2026.

* Rs. 3.20 lakhs has to be deposited by 31.12.2026.

3. In case of non-payment of the instalment amount on its due date, as per the settlement, the deposited amount will be adjusted towards the loan account and the award of the Lok Adalat shall be treated as "Recovery Certificate" and directly recovery proceeding shall be initiated by the applicant bank for the recovery of original claim amount i.e. Rs.22,09,000/-, along with interest thereon with monthly rests from dated 29.03.2025, without referring the matter before the bench of Debts Recovery Tribunal for adjudication of the claim amount.

4. Till the payment of the entire settlement amount is made there shall be charge over the hypothecated and mortgaged properties of the principal borrower, guarantor & mortgagor as well as over the other properties of the borrower and the borrower shall not alienate, transfer or dispose of any of their properties.

5. That the Bank's claim as to the subject matter will remain unaffected and survive against the defendants who are not parties to the Compromise. However the Bank agrees that if the payment is made in terms of the compromise and no default is committed, the bank will not proceed against the defendants who are not the parties to the compromise. Accordingly the other defendants will also stand discharged from the liabilities on receipt of full settled amount and the recovery proceedings shall be closed. ~ .P >, ~ /. L

• I~~ J~ ... -• '3"Q' ~'t:4fl.tctS ~!;\\Bf CS"- ,v,Ol'l,(, ~r,~ Deputy Zonal Head [Signature of the Defendant(s)] ~ ~,uco BANK ~ ctst4fe14/Zonal Office fln:.f)!J,4)/SILIGURI (contd/ ... on 2nd page)

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-2- That the Suits/Counter Suits/Claims/ any Criminal Cases filed by the defendant (s) against the applicant bank or against its staff relating to the above accounts in this Tribunal or before any other forum(s)/ Court of Law are also stands compromised and the defendants shall not have any claim/right in the said proceedings/suits/counter claims/ Criminal Cases and the said proceedings shall be withdrawn by the defendants immediately after passing of the orders on this joint compromise petitions. It is requested that the Compromise be accepted and suitable order/orders thereon be passed and/or issue Recovery Certificate accordingly. -3• 1 ~u-t~ 5,4 !Jic.si~ OP.puty Zonal Hea~,P _ ~~/UCO BAN ~ 4>1Gf("lll/Zonal Office • Rt~ !I4' I SIUGURI Signature of the representative of the applicant bank VERIFICATION [Signature of the Defendant(s)] IVfPUL GiANG,WAR h • • b k d 1"11 ' . . . . . . . . . . . . . . . . . . . . . . . .. . . . t e authorized person of the applicant an an , v ve SK.!Y~.~-1 .. f:l.tl~.fHN ..................... the defendant (s) hereby verify the contents which are incorporated as per our agreement. ~\(..~,L_-~ DEFENDANT(S) '3'Q' 3t"t::tfi!;:tcf> S-1!:J& Deputy Zonal Head ~~/UCO BANK ~ 4>tGf(.'14/Zonal Office Rt~!I-"ISIUGURI PLAINTIFF/APPLICANT

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BEFORE THE BENCH OF SPECIAL LOK ADALAT DEBTS RECOVERY TRIBUNAL, SILIGURI DATED - 03.10.2026 AWARD OF THE CASE Case No. TOA/127/2026 UCO BANK ........... Applicant Versus SK NOBI HUSSAIN .......... Defendant

1. Claim amount of the Bank is Rs.22,09,000/-.

2. Final settlement amount of the case is Rs. 21,40,000/-.

3. Rupees Five Lakhs (Rs. 5,00,000/-) has been deposited today as upfront amount through cheque (SBI Cheque No. 96341 O dated 03.10.2026.

4. Balance amount of Rs. 16.40 lakhs payable from the date of filing of this Joint Compromise petition as per the following terms without interest:

a) Rs. 10.00 lakhs has to be deposited by 31.10.2026.

b) Rs. 3.20 lakhs has to be deposited by 30.11.2026.

c) Rs. 3.20 lakhs has to be deposited by 31.12.2026. In view of the settlement arrived at in between the parties the compromise petition is accepted and the case is disposed of on account of settlement. The joint compromise petition filed by the parties will be the part of the award. ~ (Sandip Thakur) Ld. Advocate, cum Non Judicial Member of the bench of Lok Adalat (Shoibam Kapil Singh) Recove:-y Officer, ORT Siliguri cum Member of the bench of Lok Adalat (Rakesi?PatiTiwari) Presiding Officer, ORT Siliguri cum Judicial Member of the bench of Lok Adalat

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