Debts Recovery Tribunals and Appellate Tribunals
IDBI BANK vs Kamal Noratmal Pareek on 22 March 2025
BEFORE THE NATIONAL LOK ADALAT
AT
DEBTS RECOVERY TRIBUNAL NO.3 MUMBAI
Saturday, this the 22nd March 2025
ORIGINAL APPLICATION NO. 17 of 20 23
TRANSFER
EDBI BANK LTD ... Applicant
And
KAMAL NAROTMAL PAREEK ... Defendants
Matter taken up in National Lok Adalat today. The Applicant has filed the Application bearing I.A. No. 356 of 2025 for withdrawal of the present Original Application.
After hearing by the National Lok Adalat Bench, the Bench is of the view that the Application for Withdrawal has been filed by the Applicant with free will and volition, without any force, pressure and coercion. Hence, the following Award is passed in terms of Withdrawal Application:
**: AWARD :**
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
0
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
1. 1. The claim of the Applicant is fully satisfied in the sum of Rs. 33,29,000 /- against the claim of Rs. 33,28,646.39 /-.
2. 2. The Defendants paid the agreed amount of Rs. 33,29,000 /- (Rupees Thirty Three Lakhs Twenty Nine Thousand only only) to the Applicant and the Applicant passed receipt to the Defendants to that effect.
3. 3. In view of the said settlement by way of Award, the Original Application No. 17 of 20 23 is closed on account of the settlement. Transfer
4. 4. The original documents, if any, be returned to the Applicant after placing the certified copy of the same on record.
5. 5. The Court Fee be refunded as per Section 21 of the Legal Services Authorities Act, 1987.
RO & AC
Sheela Menon शीला मेनन / Sheela Menon प्रबंधक / Manager
APPLICANT आईडीबीआई बैंक लिमिटेड / IDBI Bank Limited सूचना कूट / EIN - 6172
Awarded on this 22<sup>nd</sup> March- 2025.
**PANEL MEMBERS**
Manoj Sharma, Member (Chief Manager, BOB) Nikhil R. Salvi, Member (Advocate)
Subhash D. Dharmadhikari (Retd. District & Sessions Judge) NATIONAL LOK ADALAT BENCH DRT-3, MUMBAI AT: VASHI
22-03-2025