Mr Sushil Paul and Anr. v. Uco Bank
Case brief
What is this about?
The Single Judge disposed of the SARFAESI application challenging the respondent bank's measures in non-prosecution. An affidavit confirmed the loan account is closed with a zero balance, meaning no debt exists against the applicant.
What did the court decide?
SARFAESI application disposed of for non-prosecution due to zero balance.