Disposed
Axis Bank v. Godabari Mallick and Others
DRTTA/1979/2022
Case brief
AI extract
What is this about?
The Debt Recovery Tribunal (II) Delhi, sitting as a National Lok Adalat, recorded a compromise settlement between the applicant bank and the respondent. The dispute was amicably settled by the payment of Rs. 2,20,00,000/- by the respondent, resulting in the disposal of the matter.
What did the court decide?
The dispute was amicably settled by acceptance of Rs. 2,20,00,000/- as full satisfaction of claims.