Punjab National Bank v. Rayes Publications Private Limited
Case brief
What is this about?
The Debt Recovery Tribunal allowed a maintenance application for condonation of delay of 370 days filed by a bank in re-presenting an Original Application for money recovery.
What did the court decide?
Condonation of delay of 370 days in re-presenting the OA, subject to payment of Rs. 1,000/- as cost and filing compliance report.