Central Bank of India v. M/s Automatrix Private Limited
Case brief
What is this about?
Debt Recovery Tribunal, Patna allowed a miscellaneous application filed by an applicant bank seeking withdrawal of a recovery certificate (RC) No. 48 of 2009 following compromise and receipt of the amount; dismissed the RC as withdrawn.
What did the court decide?
MA allowed; RC No. 48 of 2009 dismissed as withdrawn; original documents to be returned to the bank.