Disposed
M/S Jalan Containers Mfg Corporation and Anr. v. PNB and Anr.
Punjab & Haryana HCCWP/22107/2021
Case brief
AI extract
What is this about?
Writ petitions concerning possession of secured assets with the Bank were disposed of on the basis of a settlement deed before the mediator. The Bank was to hand over possession of the secured asset including goods to the petitioner within two days, who would then hand them to the applicant-tenant within two days thereafter.
What did the court decide?
Petitions disposed of per settlement deed; possession of secured asset including goods to be handed to petitioner within 2 days, then to applicant-tenant.