Idfc First Bank Ltd. v. Basudev Tewari
Case brief
What is this about?
The National Lok Adalat disposed of a debt recovery dispute between IDFC First Bank Limited and Basudev Tewari. The parties reached a settlement, with the bank recovering Rs. 4,20,000 plus interest from the defendant amounting to a claimed Rs. 22,26,156.85.
What did the court decide?
The claim is dismissed in terms of the settlement reached by the parties for an amount of Rs. 4,20,000 plus interest.