State Bank of India v. Mrs. Urvashi Goswami & Ors.
Case brief
What is this about?
The Debts Reconstruction Tribunal-I, Delhi allowed the applicant bank's application to withdraw the present second appeal as the matter was settled via substantial payment. The court declined the prayer for refund of court fees, relying on Supreme Court precedent that such refunds are permissible only if settlement arises from court-referred arbitration/conciliation/mediation.
What did the court decide?
Application for withdrawal of TA allowed; prayer for refund of court fees declined; TA dismissed as withdrawn.