Indian Overseas Bank v. Smt T Janaki and Others
Case brief
What is this about?
In Original Application No. 816/2023 before the Debt Recovery Tribunal, the applicant bank withdrew the case after the defendants settled the loan account during the pendency of proceedings. The Tribunal disposed of the matter on the basis of the withdrawal.
What did the court decide?
The case was disposed as withdrawn; court fee refunded as per rules.