Maharastra Gramin Bank v. Ajay
Case brief
What is this about?
Dr. J.R. Chauhan dismissed an application for the recovery of a loan after the debtor successfully compromised the account under the bank's prevailing scheme, resulting in full settlement and account closure.
What did the court decide?
The Original Application No. 176/2022 stands disposed of; original documents are returned to the applicant bank; court fees are refunded.