Bank of Baroda v. M/S Superfoil and Anr.
Case brief
What is this about?
In a compromise filing before the Telangana State Debt Recovery Allowances Court, the parties amicably settled a bank recovery dispute for Rs. 73,00,000. The Lok Adalat disposed of the Original Application and directed the Registrar for refund of court fees.
What did the court decide?
Lok Adalat disposed of the OA on the basis of the compromise settlement arrived at between the parties for Rs. 73,00,000.