State Bank of India v. Mandeep Kaur
Case brief
What is this about?
In a Lok Adalat proceeding before the Debts Recovery Tribunal, Chandigarh, the applicant bank filed an affidavit stating that the account was settled at Rs. 32,35,000/- and final settlement was reached. Consequently, the bank withdrew the application.
What did the court decide?
Application dismissed as withdrawn by the applicant after affording a settlement.