Disposed
M/s Generic Stay Well Pvt. Ltd. v. the Kangra Central Cooperative Bank Limited
DRTSA/183/2025
Case brief
AI extract
What is this about?
Applicant applied for stay against notices under Sections 13(4) and 14 of SARFAESI Act. Respondent bank voluntarily withdrew the notices and proceedings. Tribunal disposed the application, reserving rights to challenge Section 13(2) and NPA declaration.
What did the court decide?
SA disposed; bank withdrew notice under Section 13(4) and proceedings under Section 14.