Parmatma Singh v. The Allahabad Bank and Ors.
Case brief
What is this about?
Petitioner borrower filed writ against auction sale notice by Recovery Officer, offering to pay dues in installments. Court permitted withdrawal of application with liberty to seek relief from Bank or Tribunal for installment consideration.
What did the court decide?
Application permitted to be withdrawn with liberty to approach the respondent Bank or the Tribunal for grant of installment facility.