Canara Bank v. M/S. Snm Hospitality
Case brief
What is this about?
The Debts Recovery Tribunal ordered the withdrawal of a transfer application filed by Canara Bank as amicable settlement had been reached and the entire settlement amount was paid. All pending interim applications were disposed of as settled.
What did the court decide?
Withdrawal of TA/98L12O22 allowed; TA dismissed as withdrawn; all pending IAs disposed of.