Indian Overseas Bank v. Neha Creation
Case brief
What is this about?
In this matter, the application filed by the applicant bank to withdraw and close recovery case no. 10/2019 in OA/212/2017 was allowed. The Presiding Officer directed the Recovery Officer to close the proceedings in complete satisfaction of dues.
What did the court decide?
Recovery proceedings in RC/10/2019 to be closed and file consigned to record room.