Uco Bank v. Ms Renuka Air Freight Pvt. Ltd. and Ors.
Case brief
What is this about?
A Special Lok Adalat settled a dispute between a bank and a respondent over a recoverable debt of Rs. 1,50,09,47.74 plus interest. The parties amicably settled for Rs. 85,00,000/-, leading to the disposal of the combined cases.
What did the court decide?
Distnpute settled for Rs. 85,00,000/-; cases disposed.