Mr Veluthedathuparambil Kochugovindan Bharathan v. Canara Bank
Case brief
What is this about?
The Tribunal noted a pending writ petition withdrawn due to settlement offers by the appellant. It directed the Bank to refrain from coercive steps while settlement proposals are reviewed by higher-ups and a stay extension application is pending.
What did the court decide?
Directed the Bank not to take any coercive steps before the matter is taken up for hearing pending settlement attempts and extension of stay.