State Bank of India v. Harish Kumar
Case brief
What is this about?
Lok Adalat deemed case settled between HDFC Bank Ltd. and Defendant Harish Kumar. Contracted payment of Rs.24 lakh in two installments; recovery certificate action reserved if default occurs.
What did the court decide?
Settlement recorded; Defendant to pay Rs.24,00,000 in two installments. Recovery Certificate reserved for future action upon default.