PUNJAB NATIONAL BANK vs Ms Krushi Footwear on 30 December 2023

1. Sri Rameshwar Kothe, Presiding OIIicer

2. Sri D. Raghavulu, Member

3. Ms. G. Jessica, Member Reference made by Applicant Bank through: Shri Sangeetha Jaiswal, Advocate. Between:- Punjab National Bank Versus Krushi Footewear Industry & Anr.

1. Whereas the applicant bank has filed the instant OA in this Tribunal for recovery of a sum of Rs.33,98,145/- together with future interest, costs etc against the defendants. Whereas during the pendency of the case before this Tribunal, the applicant bank and the defendants have mutually seuled the loan account. The applicant bank filed full satisfaction memo to this effect.

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TA.No.02l2023

3. Now, in terms of the reference made before the Lok Adalat on this 306 Day of December, 2023, the Parties have mutually settled the loan account in fu1l and final settlement. In view of the settlement made before ihe Lok Adalat, theTA.O2|2O23 is disposed as withdrawn. Court fee be refunded as per rules.

4. Copy of this order be provided to the concemed parties or their representatives. (Given under the hand and seal ofthe Lok Adalat Bench on this the 306 day of December,2023.) ''^rtfu' t/#' t :T,-* ''-r.h\ 'A i;.. .) * \;'.1 i",.. i )r ?k t ".l ,r brlrvciluln* ..$) a,;;ffig