Punjab National Bank v. M/S Vikas Traders
Case brief
What is this about?
The appellant bank, through counsel, requested withdrawal of an objection application for recovery after defendants deposited the entire dues of Rs. 43.18 Lacs and the account was closed. The court disposed of the OA as withdrawn after considering the applicant's affidavit and submission.
What did the court decide?
The objectionable application (OA) is disposed of as withdrawn. The file records be consigned to the record room.