Bank of Baroda v. Beena Technocrafts
Case brief
What is this about?
In an original application filed by Bank of Baroda against Beena Technocrafts, the Tribunal directed the Recovery Officer to close the pending recovery proceedings in Recovery Certificate No. 10/2018 as the full settlement amount was recovered by the bank.
What did the court decide?
Proceedings of Recovery Certificate No. 10/2018 to be closed and documents returned to the bank.