Disposed
Ms Dhan Laxmi Trading Company v. Kotak Mahindra Bank Limited
DRTMA/116/2023
Case brief
AI extract
What is this about?
The Debts Recovery Tribunal disposed of a maintenance action (MA) filed by MS DHAN LAXMI TRADING COMPANY against KOTAK MAHINDRA BANK LIMITED. The order closed pending IAs and specific recovery cases, deeming further proceedings infructuous as the account was closed.
What did the court decide?
MA disposed as infructuous; pending IAs and RC 801/2022 closed; property papers handed to respondent bank.