Paras Sansar Bazar v. Protium Finance Limited
Case brief
What is this about?
The Debt Recovery Tribunal-1, Hyderabad disposed of application for recovery of dues filed by M/s Paras Sansar Bazar against Protium Finance Pvt. Ltd. The application is dismissed on the ground that it is withdrawn following a statement of satisfaction from the Respondent Bank that the loan was fully paid.
What did the court decide?
The application no. 306/2025 is dismissed as withdrawn based on the Respondent Bank's confirmation of full payment and closure of the account.