State Bank of India v. Sanjeri Stone Depo
Case brief
What is this about?
A Special and National Lok Adalat disposed of a withdrawal application filed by a bank against a debtor. The matter was settled via a compromise proposal where the debtor paid a significant portion of the dues and closed the loan account.
What did the court decide?
Allowance of the withdrawal of the Original Application No. 923 of 2024 and refund of court fees; return of original documents.