Disposed
Uco Bank v. M/S Royjee Manufacturing and Trading Pvt. Ltd. and Ors.
DRTOA/88/2022
Case brief
AI extract
What is this about?
A Lok Adalat of the Debt Recovery Tribunal, Kolkata, recorded a settlement between UCO Bank and Royjee Manufacturing & Trading Pvt. Ltd. The bank's claim of Rs. 2.45 crore was compromised at Rs. 2.73 crore, and the case was disposed of accordingly.
What did the court decide?
Disposed in terms of a settlement agreement between the parties fixing the liability at Rs. 2,73,66,000/-.