Yes Bank v. Manas Kumar Jana
Case brief
What is this about?
Lok Adalat under Debt Recovery Tribunal-1, Kolkata disposed of an origin application between Yes Bank Ltd. and Manas Kumar Jana by passing an award based on an amicable settlement. The bank claimed Rs. 26,92,421.29, while the parties settled the dispute at Rs. 27,81,359.00.
What did the court decide?
Case disposed on terms of settlement; court fee refunded to the Bank.