Ms Natural Cement Pvt. Ltd. Director of Umashankar Rohit v. Punjab National Bank
Case brief
What is this about?
The application for securitisation was disposed of as withdrawn by the court. The applicant approached the bank for settlement during the pendency of the application and negotiations were ongoing. Consequently, the proceedings were concluded without further adjudication.
What did the court decide?
Application for securitisation disposed of as withdrawn.