Canara Bank v. Ms Rajeswari Dairy and Anr.
Case brief
What is this about?
The Debts Recovery Appellate Tribunal allowed the bank's appeal against the DRT's decree. The appellant-bank was awarded the decree after the respondent-borrower filed an affidavit stating they did not wish to contest the appeal and sought acceptance of the sale certificate.
What did the court decide?
The decree passed by the learned DRT is set aside. Sale certificate in favour of respondent no.2 is to be accepted.