Ms Vinayak Motors v. Punjab National Bank
Case brief
What is this about?
The single judge allowed the withdrawal of a Section 43(1-6) application filed by borrowers against a bank. The applicants had settled their loan by depositing Rs. 36.30 Lakhs, and the bank requested withdrawal of the application.
What did the court decide?
Section 43 application disposed of as withdrawn; Order consigned to record room.