Maharastra Gramin Bank v. Swarupanand Vishwanath Deshmukh
Case brief
What is this about?
The Debts Recovery Tribunal disposed of an Original Application for settlement of a debt. Learned counsel for the applicant-bank submitted the matter was settled, the account was closed, and the entire amount was received. The Tribunal passed an order dispensing with fees and returning documents.
What did the court decide?
The collateral original application stands disposed off on the basis that the account is closed and the amount has been received.