City Union Bank Limited v. Krishna Priyaa Constructions
Case brief
What is this about?
Debts Recovery Tribunal disposed of an original application filed by a bank for recovery of debt. During pendency, the application was settled out of court via Onus-the-Settlements (OTS) agreement, with only a refund prayer pending.
What did the court decide?
OA disposed of as settled out of court; prayer for refund of Court fee allowed to be filed by applicant separately;