Bank of Baroda v. M/s Sainath Paper Mill
Case brief
What is this about?
The Debts Recovery Appellate Tribunal disposed of three appeals filed by Bank of Baroda against M/s. Sainath Paper Mill, M/s. Gujarat Agro, and M/s. Shashikant & Co. after the appellants withdrew them due to a settlement and the issuance of a No Dues certificate under the bank's OTP scheme.
What did the court decide?
The appeals were disposed of as withdrawn, allowing the prayers for withdrawal.