Kotak Mahindra Bank Limited v. Ms Gmk Plasto Vision Pvt. Ltd.
Case brief
What is this about?
The Debt Recovery Tribunal allowed the withdrawal of Order Appeal no. 963, dated 27.10.2023, filed by the bank, on the grounds of amicable settlement and full payment of the settlement amount. The appeal was dismissed as withdrawn, and the original documents were directed to be returned.
What did the court decide?
Withdrawal of the order appeal allowed; appeal dismissed as withdrawn; original documents directed to be returned.