Idbi Bank v. Neev Infrastructure Pvt. Ltd.
Case brief
What is this about?
The Debts Recovery Tribunal permitted the applicant to withdraw the Original Application after the parties amicably settled the matter for Rs 20.50 crores and the applicant closed the loan account.
What did the court decide?
Permission granted to withdraw Original Application No.16 of 2023; OA allowed. Court fees refunded.