Hmt Bearings Ltd. v. Syndicate Bank, Represented by the Authorised Officer
Case brief
What is this about?
In a writ petition by HMT Bearings Ltd against Syndicate Bank, the petitioner sought to withdraw the petition with liberty to approach the Debt Recovery Tribunal. The court granted the liberty to approach the Tribunal within three weeks and dismissed the writ petition as withdrawn.
What did the court decide?
Liberty to approach the Debt Recovery Tribunal within three weeks was granted.