Union Bank of India v. Bussanagari Akshit Reddy
Case brief
What is this about?
This decision records the withdrawal of an original application filed by Union Bank of India for recovery of loan dues. The Lok Adalat held the application withdrawn as the loan account was regularized during proceedings. The case was disposed ordered as such on the basis of applicant counsel's statement.
What did the court decide?
Application disposed of as withdrawn due to regularization of loan account.