Partly allowed
Sunil Prabhudas patel v. Rbl Bank Limited
DRATREGULAR APPEAL/41/2023
Case brief
AI extract
What is this about?
In this appeal, the Debt Recovery Appellate Tribunal noted that parties had reached a settlement. The tribunal disposed of the appeal in accordance with the settlement terms, setting aside a sale and ordering the cancellation of the sale deed with payment release to the bank.
What did the court decide?
Sale in favour of respondent No. 3 set aside; cancellation of sale deed agreed; amount with interest to be released to the bank.