Rajesh Jain v. Jumbo Finvest India Limited
Case brief
What is this about?
The Court allowed an application for early hearing and withdrawal of a stay application (SA) in a Debt Recovery Tribunal case. The matter was settled with the Respondent agreeing to release the applicant's property upon payment, leading to the withdrawal of the stay application.
What did the court decide?
Stay application (SA) permitted to be withdrawn upon settlement; flat declared free from encumbrances.