Debts Recovery Tribunals and Appellate Tribunals
BANK OF BARODA (DENA BANK) vs MR NATHE GANPAT MALHARI AND ORS on 27 July 2024
**BEFORE THE NATIONAL LOK ADALAT
AT
DEBTS RECOVERY TRIBUNAL NO.3 MUMBAI**
Saturday, this the 27<sup>th</sup> July 2024
~~ORIGINAL~~ <sup>Transfer</sup> **APPLICATION NO. 1951 of 2016.**
Bank of Baroda (Dena Bank) ... Applicant
And
Nathe Ganpat Malhari ... Defendants
Matter taken up in National Lok Adalat today. The Applicant has filed the Application bearing I.A. No. 1912 of 2024 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 :**
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1. The claim of the Applicant is fully satisfied in the sum of Rs. 3,50,000/- against the claim of Rs. 20,35,279/-.
2. The Defendants paid the agreed amount of Rs. 3,50,000/- (Rupees Three Lakh Fifty Thousand only only) to the Applicant and the Applicant passed receipt to the Defendants to that effect.
3. In view of the said settlement by way of Award, the Original Application No. 1951 of 2016 is closed on account of the settlement.
4. The original documents, if any, be returned to the Applicant after placing the certified copy of the same on record.
5. The Court Fee be refunded as per Section 21 of the Legal Services Authorities Act, 1987.
Awarded on this 27<sup>th</sup> July 2024.
**PANEL MEMBERS**
Anupam Ravi, Member (AGM, BOI)
**Bank of Baroda** RO & AC के निष्कासित K. VIJITHA VIJAYAN अधिकारी (विधि) / OFFICER (LEGAL)
Ketki Minhas, Member (Advocate)
Subhash D. Dharmadhikari (Retd. District & Sessions Judge) **NATIONAL LOK ADALAT BENCH DRT-3, MUMBAI AT: VASHI**