Union Bank of India v. Krishna Electropart Pvt. Ltd. and Ors.
Case brief
What is this about?
A Special Lok Adalat awarded a compromise between Union Bank of India and Krishna Electropart Pvt Ltd, recording a settlement of Rs. 55,17,494 and disposing of the matter. The original file was returned to the applicant bank.
What did the court decide?
The matter stands disposed of in terms of compromise. The original documents are to be returned to the applicant bank and the date fixed before DRT is cancelled.