Bank of Baroda v. Shankar Lal Choudhary
Case brief
What is this about?
In an appeal against a recovery order, the Tribunal allowed the application upon hearing that the matter has been settled between the parties. The recovery proceedings under Recovery Certificate No. 986/2019 were directed to be closed by the Recovery Officer, with original documents returned to the bank. The application file was then consigned to the record.
What did the court decide?
Recovery proceedings under Recovery Certificate No. 986/2019 are closed; original documents to be returned to the Authorized Officer of the bank.