Punjab National Bank v. M/S Maa Durga Enterprise and Anr.
Case brief
What is this about?
This is an award by a Special Lok Adalat resolving a bank recovery dispute. The Plaintiff (a bank) claimed recovery of Rs. 23,03,139/- plus interest from the Defendants. The parties amicably settled the dispute at Rs. 12,43,000/-. The original order (O.A. 127 of 2023) was disposed of in terms of the settlement.
What did the court decide?
The dispute settled at Rs. 12,43,000/-; the original order O.A. 127 of 2023 disposed of in terms of settlement.