Disposed
Kotak Mahindra Bank Limited v. Swami Construction Company
DRTMA/60/2026
Case brief
AI extract
What is this about?
In an application under OA/1436/2019, the Revised Monetary Authority (Recovery Officer) allowed the applicant's motion (MA) received on 09.02.2026 to withdraw recovery proceedings in RC/655/2020, directing the closure of the same as complete satisfaction of dues and consigning the file to the record room.
What did the court decide?
Prayer to withdraw recovery proceedings allowed; Recovery Officer directed to close proceedings in RC/655/2020 and consign file to record room.