Land End Automotives Private Limited v. Jammu and Kashmir Bank Limited
Case brief
What is this about?
The Applicant applied for reimbursement of charges debited by the Respondent Bank after SARFAESI proceedings were withdrawn. The Bench ordered the Bank to credit Rs. 50,000 to the Applicant's account as a compromise of the claim before disposing of the application.
What did the court decide?
Respondent Bank directed to credit the sum of Rs. 50,000/- to the Applicant's account.