State Bank of India v. Shri Sanjay Kumar Srivastava & Anr.
Case brief
What is this about?
The Debts Recovery Tribunal-II, Delhi allowed an interim application for withdrawal of an office application by the applicant bank, which had been filed for withdrawal of an originating application due to closed loan accounts. The court declined the prayer for refund of court fees, relying on a Supreme Court precedent regarding refund eligibility.
What did the court decide?
The prayer for withdrawal of OA is allowed; the prayer for refund of court fees is declined; all pending IAs are disposed of.