Allahabad Bank v. Praful B Nisar
Case brief
What is this about?
The Tribunal allowed the applicant to amend the original application to bring Indian Bank on record. Permission was granted to withdraw the application for a settled amount of Rs. 2.87 crores. The transferred original application was dismissed as withdrawn.
What did the court decide?
Permission granted to amend the application and to withdraw it for a settlement of Rs. 2.87 crores.