Punjab & Sind Bank v. M/S Venus Marketing & Trainings etc.
Case brief
What is this about?
Bank sought to strike off defendant's defence for failing to file written statement within 90 days. Court held timeline is directory under Supreme Court precedent, allowing fresh filing opportunity upon payment of costs.
What did the court decide?
Written statement filing opportunity granted subject to payment of costs of Rs. 5000; impugned order set aside.