Dismissed
Punjab National Bank v. State Bank of India
DRTSA/940/2025
Case brief
AI extract
What is this about?
The Debts Recovery Tribunal, Jaipur dismissed a fresh special application filed by Punjab National Bank against State Bank of India. The Tribunal held that the matter involves two financial institutions and must be referred to arbitration as per the Bank of India vs Sri Nangli Rice Mills judgment. All pending IAs were also disposed of.
What did the court decide?
Application dismissed; all pending IAs disposed.