Disposed
Pukhraj Soni v. Baid Finserv Limited
DRTSA/776/2024
Case brief
AI extract
What is this about?
The Presiding Officer disposed of a Securitization Application after the respondent bank agreed to accept Rs. 35 lac plus expenses as settlement. Possession of the property would be handed back upon deposit of Rs. 29 lac.
What did the court decide?
Securitization Application disposed of; proceedings cancelled upon payment of Rs. 29 lac by applicant; possession to be returned subject to default undertaking.