Debts Recovery Tribunals and Appellate Tribunals

AXIS BANK vs ASHISH RAJKUMAR GUPTA on 25 October 2026

**DEBTS RECOVERY TRIBUNAL-II, DELHI**

**NATIONAL LOK ADALAT HELD ON 25.10.2026 (SUNDAY)**

**Organised By:** DRT-II, Delhi

**Authority:** DSLSA, Delhi

**TA/825/2023**

**Petitioner/Applicant :** **AXIS BANK**

**Defendant/Respondent :** **ASHISH RAJKUMAR GUPTA**

**No. of Proceedings of the Item No.56 of the Tribunal**

**Name of Presiding Officer :** Shri Sushil Kumar Rastogi, Presiding Officer, DRT-II, Delhi & National Lok Adalat Judge **Name of Members** (1) Shri Ashok Kumar, Retd. District Judge, Member **AWARD**

This matter is taken by this Tribunal in hybrid mode i.e. physical as well as through Video Conferencing.

The dispute between the parties having been referred for determination to the National Lok Adalat and the parties having compromised/settled the case/matter, the following Award is passed in terms of the Settlement.

**Present:-** Mr. Shubham Singh alongwith Ms. Jyoti Singh, Counsels for applicant bank alongwith Mr. Gyanendra Kumar, Legal Manager The Ld. Counsels for applicant bank alongwith Officer submits that bank has received an amount of **Rs.50,04,012/-** towards full and final satisfaction of the claims of the bank before National Lok Adalat.

Accordingly, the dispute between the parties stands amicably settled.

This compromise settlement between the parties is suo motto and with free will.

In these circumstances, compromise is recorded. Now, the matter stand disposed of in terms of compromise and the original documents, if any, filed before DRT-II, Delhi be returned to applicant bank. The date already fixed in the matter before DRT stands cancelled. The file be consigned to record room.

The applicant bank is at liberty to move an appropriate application for seeking refund of court fees.

*Ashok Kumar* D/106804/21

**ROAC Petitioner/Applicant**

**ROAC**

**Defendant/Respondent**

*Shri Ashok Kumar* **(Retd. District Judge)** **Member-I**

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