M. Shyam Kiran v. Bank of Maharashtra
Case brief
What is this about?
A National Lok Adalat settled a dispute where the Applicant sought to quash recovery proceedings initiated by the Respondent Bank for dues of approximately Rs. 29 lakh. The settlement occurred upon the Bank's voluntary payment of the overdue amount.
What did the court decide?
The application is settled/closed due to the payment of dues by the Respondent Bank.