Axis Bank v. Ms Goyal Tractors
Case brief
What is this about?
In this miscellaneous application, the Tribunal allowed the retention of the applicant bank by closing the recovery proceedings initiated under Recovery Certificate No. 276/2020 and directed the registry to return original documents upon acknowledgement.
What did the court decide?
Directed to close recovery proceedings under RC No. 276/2020 and return original documents to the Authorized Officer of the applicant bank.