State Bank of India v. Saurabh
Case brief
What is this about?
The Debt Recovery Tribunal of Delhi allowed the State Bank of India to withdraw an originallia after the loan was settled off. The court declined the bank's request for refund of court fees as the settlement was an out-of-court compromise, not a mediation or Lok Adalat reference.
What did the court decide?
The prayer for refund of court fees is declined. The withdrawal application is disposed of. Pending IAs disposed of accordingly.