Disposed
Amarjit Singh Bhogal v. Hdb Financial Services Ltd.
DRTSA/217/2022
Case brief
AI extract
What is this about?
The Applicant and Respondent settled the outstanding dues of Rs.22 lacs payable in four installments via agreement. The Applicant agreed to surrender possession upon default, and the settlement lapses permitting recovery under Section 13(2) of SARFAESI Act. The App
What did the court decide?
SA dismissed as per settlement; Applicant to pay Rs.22 lacs in four installments, with default leading to surrender of possession.