Gulam Nabi Khanyari v. Jammu and Kashmir Bank Limited
Case brief
What is this about?
The Debt Recovery Appellate Tribunal allowed an application by the appellant to withdraw an appeal. The withdrawal was granted following an out-of-court settlement between the parties, with the tribunal directing the registry to refund the deposited amount with interest.
What did the court decide?
Application allowed; appeal dismissed as withdrawn; registry directed to refund Rs. 75 Lakhs with interest.