Union Bank of India v. M/S R.K. Construction and Others
Case brief
What is this about?
The Debts Recovery Tribunal Delhi allowed the applicant bank's application for withdrawal of aTRO filed in an amicable settlement context. The Tribunal permitted the withdrawal of TA no. 1287/2022 and granted substitution of AR prayers.
What did the court decide?
Withdrawal of TA no. 1287/2022 allowed; prayer for substitution of AR allowed; pending IAs disposed.