Bank of Baroda v. M/S Jai Maa Durga Tradex Pvt. Ltd.
Case brief
What is this about?
The Tribunal considered an application by the applicant bank seeking withdrawal of a transfer application and refund of court fees after a one-time out-of-court settlement was reached. The Tribunal held that since the settlement was not reached through arbitration, conciliation, or Lok Adalat as required by applicable rules, the refund of court fees was not permissible. Consequently, the withdrawa
What did the court decide?
IA no. 1309/2025 was allowed for withdrawal of Transfer Application. Refund of court fees was declined.