Dismissed
Indusind Bank Limited v. M/S Axl Lighting Limited
DRTTA/982/2022
Case brief
AI extract
What is this about?
The Debts Recovery Tribunal allowed an application for withdrawal of a transmission application filed by the applicant bank. The tribunal held that the liability was fully cleared by the defendants during pendency, resulting in amicable settlement.
What did the court decide?
IA no. 8769/2024 allowed; TA no. 9821/2022 dismissed as withdrawn and amicably settled; court fees refunded.