Uco Bank v. Mr Rajeev Kumar and Ors.
Case brief
What is this about?
In an application for withdrawal of a transfer application, the Debts Recovery Tribunal allowed the withdrawal as the parties had amicably compromised the matter with no pending claim in the account. The tribunal dismissed the transfer application as withdrawn and directed the return of original documents.
What did the court decide?
Application for withdrawal (IA no.3839/2024) allowed; Transfer Application (TA L27612022) dismissed as withdrawn; Registry directed to return original documents.