M s a S Juice And Maligai Store v. City Union Bank Limited
Case brief
What is this about?
In this SARFAESI application challenging a sale notice for recovery of a sum of Rs. 38.08 lakhs, the Tribunal disposed of the matter by a settlement between the applicant and respondent bank, resulting in the discharge of the claim and vacating of interim orders.
What did the court decide?
SA disposed as settled; interim order vacated; pending IAs closed. Claim amount discharged by applicant.