Disposed
School Management Committee (Smc) Ofmount Litera Zee School v. Nagpur Nagarik Sahakari Bank Limited
DRATIA/76/2023
Case brief
AI extract
What is this about?
The Debt Recovery Appellate Tribunal, Mumbai, considered an interim appeal concerning a debt dispute between a school management committee and Nagpur Nagarik Sahakari Bank. The court noted a mutual consent arrangement where the debtors offered ₹6.50 Crores, accepted by the bank, and sought to file a report, indicating the matter was settled. The matter was listed for call on 25.05.2023.
What did the court decide?
Matter listed for call on 25.05.2023 considering the mutual settlement offer of ₹6.50 Crores.