Sardul Singh v. Jammu and Kashmir Bank Limited
Case brief
What is this about?
In a Special Application challenging a SARFAESI action, adjudging that the bank had withdrawn the enforcement proceedings, the Tribunal held that no substantive issue remained for determination. The repository ordered the bank to credit the applicant's account with the SARFAESI charges and 50% of court fees.
What did the court decide?
The bank would credit the account of the applicant with the SARFAESI charges which it had debited to his account and Rs. 5,000/- towards return of 50% of the Court fees.