Disposed
Punjab National Bank v. Sri Anand Vinayak Coalfields Limited
DRTOA/216/2023
Case brief
AI extract
What is this about?
A Lok Adalat disposed of an original application by Punjab National Bank against Sri Anand Vinayak Coldfields Ltd. and others regarding a loan recovery claim of Rs. 27,54,18,433.96. The case was settled amicably for Rs. 2,81,79,141.00, resulting in the disposal of the application.
What did the court decide?
Disposal of Original Application (OA) based on an amicable settlement between parties for Rs. 2,81,79,141.00.