Yes Bank v. Saurav Beverages Pvt. Ltd.
Case brief
What is this about?
The Debt Recovery Tribunal allowed the applicant bank's application to withdraw a previously filed transfer application, dismissing the same as withdrawn due to an amicable settlement and account closure by the defendants.
What did the court decide?
Withdrawal of IA No. 37471/2024 allowed; Transfer Application IA No. 700/2024 dismissed as withdrawn; Court fee refunded.