State Bank of India v. M/s New City Jewellers
Case brief
What is this about?
The Debts Recovery Tribunal ordered the closure of recovery proceedings initiated under Recovery Certificate No. 197/2017 following a settlement between the parties. The Registry was directed to return original title documents to the applicant bank.
What did the court decide?
Closure of recovery proceedings under Recovery Certificate No. 197/2017 and return of original title documents.