Hdfc Bank v. Chakali Balaramudu
Case brief
What is this about?
The Debt Recovery Tribunal-Lok Adalat disposed of an application for debt recovery by the Applicant Bank as withdrawn after the parties mutually settled the account, with the Respondent depositing the entire compromise amount.
What did the court decide?
The OA No.31412023 was disposed of as withdrawn following mutual settlement and deposit of compromise amount by the defendant.