Dismissed
State Bank of India v. Apple Valley Resorts Private Limited
DRTOA/280/2022
Case brief
AI extract
What is this about?
The applicant bank filed an affidavit stating the account had been fully settled with no further pursuit, resulting in the dismissal of the recovery application as withdrawn. Following satisfaction of the stipulated condition for the Lok Adalat proceeding, the application was dismissed on the grounds of withdrawal due to settlement.
What did the court decide?
Application dismissed as withdrawn due to settlement.