Rajasthan Gramin Bank v. Shri Tola
Case brief
What is this about?
The National Lok Adalat organized by the Debts Recovery Tribunal, Jaipur, disposed of an original application between Rajasthan Gramin Bank and Shri Tola Ram. The parties reached a compromise where the borrower agreed to deposit Rs. 7,00,000/- as full and final settlement. The order sanctions this settlement, vacates interim relief, and allows refund of court fees.
What did the court decide?
The application is disposed of upon payment of Rs. 7,00,000/- as full and final settlement. Court fees are to be refunded.