Supreme Court · 2016 INSC 284 · Decided 29 March 2016
Punjab & Sind Bank v. Punjab Breeders LTD. & Another
- Court
- Supreme Court of India
- Citation
- 2016 INSC 284 · [2016] 2 S.C.R. 876
- Case number
- CIVIL APPEAL No. 3197/2016
- Decided
- 29 March 2016
- Bench
- KURIAN JOSEPH, R.F. NARIMAN (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
F G H (2016] 2 S.C.R. 876 PUNJAB & SINO BANK v. PUNJAB BREEDERS LTD. & ANOTHER (Civil Appeal No. 3197of2016) MARCH 29, 2016 [KURIAN JOSEPH AND ROHINTON FALI NARIMAN, JJ.J Compromise: Settlement - One Time Settlement (OTS) Scheme - Appellant-bank offered OTS to the first respondent for and if properties are sold within next 3 years then parties shall obtain prior permission of the bank and share with the bank 50% of increase in fair market value of the properties which is Rs.8.82 crores at the time of sanction of this settlement - In response to the offer of OTS, the first
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