Gunasundari v. Union Bank of India
Case brief
What is this about?
The Debts Recovery Tribunal III, Chennai disposed of the SARFAESI application filed by the applicants challenging a sale notice, as the settlement agreement reached after full repayment of dues no longer warranted intervention.
What did the court decide?
SARFAESI Application disposed of as settled out of court without costs; interim order vacated; other pending IAs closed.