Mr Anil Kathuria and Mrs Pooja Kathuria v. Encore Assets Reconstruction Company Private Limited
Case brief
What is this about?
Under SARFAESI Act, applicant submits readiness to repay dues in time-bound manner as per Scheme of Arrangement (SA). Respondent accepts terms and notes SA as infructuous. Presiding Officer dismisses SAC. Relief: disposal as infructuous.
What did the court decide?
The Specialist Appeal was disposed of as infructuous.