Yes Bank v. Cosmic Motors India Pvt. Ltd.
Case brief
What is this about?
The Debts Recovery Tribunal dismissed Technical Appeal no. 979/2024 filed by Yes Bank as withdrawn following an amicable settlement between the parties. The Tribunal directed the refund of court fee and cancelled the next hearing date.
What did the court decide?
Withdrawal of the Technical Appeal allowed; court fee to be refunded as per rules; next hearing date cancelled.