Debts Recovery Tribunals and Appellate Tribunals
CANARA BANK (SYNDICATE BANK) vs MR LAXMAN DYANDEV PARTE on 9 December 2023
164
BEFORE THE NATIONAL LOK ADALAT
AT
DEBTS RECOVERY TRIBUNAL NO.3 MUMBAI
Saturday, this the 9<sup>th</sup> December 2023
Misc Appeal No.
ORIGINAL APPLICATION NO. 76 of 2022
Corona Bank (Syndicate Bank) ... Applicant
And
Om Enterprises & other. ... Defendants
The above matter is pending before the Tribunal for adjudication. The matter is settled between the parties for Rs. 52,55,000/- against the claim of Applicant for Rs. 73,48,921.47/-. The settled amount has been received by the Applicant.
(Signature of the Applicant)
3. Mangesh Tikhe, Member (DGM, IDBI)
4. Sashin Koli, Member (Advocate)
PANEL MEMBERS
Arun Kumar Singal (PO, MDRT-3)
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 9<sup>th</sup> December 2023
**ORIGINAL APPLICATION NO. 76 of 2022.**
Compa Bank <sup>Misc. Appeal</sup> Syndicate Bank Applicant
And
Om Enterprises & others ... Defendants
Matter taken up in National Lok Adalat today. The Applicant has filed the Application bearing I.A. No. 2913 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 :**
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1. 1. The claim of the Applicant is fully satisfied in the sum of Rs. 52,55,000 /- against the claim of Rs. 73,48,921.47/-.
2. 2. The Defendants paid the agreed amount of Rs. 52,55,000 /- (Rupees Fifty two lakh fifty five hundred 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 <sup>Misc Appeal</sup> Original Application No. 76 of 2022 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
APPLICANT
Awarded on this 09<sup>th</sup> day of December 2023.
**PANEL MEMBERS**
Mangesh Tikhe, Member (DGM, IDBI)
Sachin Koli, Member (Advocate)
Arun Kumar Singal (PO, MDRT-3) PRESIDING JUDGE NATIONAL LOK ADALAT BENCH DRT-3, MUMBAI AT: VASHI