Union Bank of India v. Ms Tempered Steel and Ors.
Case brief
What is this about?
National Lok Adalat at Deets Recovery Tribunal, Kolkata, disposed of an Original Application filed by Union Bank of India against M/s. Tempered Steel & Ors. The matter was settled amicably between parties for Rs. 40,50,000. The OA was disposed of in terms of the settlement award.
What did the court decide?
The Original Application was disposed of in terms of the settlement agreement reached between the parties.