Disposed
Nazia Praveen v. Indian Bank
DRTMA/63/2022
Case brief
AI extract
What is this about?
In a mortgage deed recovery matter, the Tribunal held that since the loan account in question was settled via Lok Adalat and had separate security, the Registrar must release the original title deed on proof of receipt, notwithstanding dues in another account.
What did the court decide?
Registrar of Tribunal directed to release original title deed on obtaining proper receipt for the settled loan account.