Debts Recovery Tribunals and Appellate Tribunals
STATE BANK OF INDIA vs Shivnath on 3 March 2024
106
BEFORE THE NATIONAL LOK ADALAT
AT
DEBTS RECOVERY TRIBUNAL NO.3 MUMBAI
Saturday, this the 3<sup>rd</sup> March, 2024
ORIGINAL APPLICATION NO. TA03 of 2024.
State Bank of India ... Applicant
And
Shivnath Vishwakarma ... Defendants
The above matter is pending before the Tribunal for adjudication. The matter is settled between the parties for Rs 27,97,129.00 against the claim of Applicant for Rs 26,23,006.11 /-. The settled amount has been received by the Applicant.
(Signature of the Applicant)
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1. Sapan Kumar, Member (AGM, SBI)
2. Santosh N. Bhide, Member (Advocate) PANEL MEMBERS
Subhash D. Dharmadhikari (Retd. Dist. Judge) PRESIDING JUDGE NATIONAL LOK ADALAT BENCH DRT-3, MUMBAI AT: VASHI
BEFORE THE NATIONAL LOK ADALAT AT DEBTS RECOVERY TRIBUNAL NO.3 MUMBAI Saturday, this the 3<sup>rd</sup> March 2024
ORIGINAL APPLICATION NO. TA 03 of 20 24.
State Bank of India ... Applicant And Shivnath Vishwakarma ... Defendants
Matter taken up in National Lok Adalat today. The Applicant has filed the Application bearing I.A. No. 758 of 2023 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 :
1. 1. The claim of the Applicant is fully satisfied in the sum of Rs 27,97,129.00/- against the claim of Rs 26,23,006.11/-
2. 2. The Defendants paid the agreed amount of Rs 26,23,006.11/- (Rupees Twenty six lakhs twenty three thousands six 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. TA 03 of 20 24 is closed on account of the settlement.
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
*[Signature]*
APPLICANT
Awarded on this 3<sup>rd</sup> day of March 2024.
PANEL MEMBERS
*[Signature]*
Sapan Kumar, Member (AGM, SBI)
*[Signature]*
Santosh N. Bhide, Member (Advocate)
*[Signature]*
Subhash D. Dharmadhikari (Retd. Dist. Judge)
PRESIDING JUDGE NATIONAL LOK ADALAT BENCH DRT-3, MUMBAI AT: VASHI