Allowed
Idbi Bank v. Sasikala
DRTOA/279/2022
Case brief
AI extract
What is this about?
The Debts Recovery Tribunal disposed of O.A. No. 279/2022 filed by IDBI Bank Limited as settled out of Court. The respondents had remitted the claimed amount under a Settlement Agreement accepted by the bank. The claim is allowed without costs, and the court ordered refund of court fees and return of documents.
What did the court decide?
The OA claim is treated as settled out of Court without costs. Registry to refund court fee and return original documents to the applicant.