Supreme Court of India · 2008-08-19
M/S. KARNATAKA PATRIKA (P) LTD. vs SYNDICATE BANK .
- Citation / case number
- SC 2001/5963
- Court
- Supreme Court of India
- Petitioner
- M/S. KARNATAKA PATRIKA (P) LTD.
- Respondent
- SYNDICATE BANK .
- Author
- TARUN CHATTERJEE,AFTAB ALAM, , ,
- Bench
- TARUN CHATTERJEE,AFTAB ALAM, , ,
Judgment text excerpt
The Supreme Court partially allowed the appeal, modifying the trial court's decree to the extent that the sum of Rs. 2,50,000 deposited with the Registry shall be treated as satisfied, along with accrued interest. The Court directed that the Syndicate Bank is entitled to withdraw the deposited amount with interest within eight weeks. The judgment emphasizes the importance of consent in resolving disputes and clarifies the procedural aspects of withdrawal of deposited amounts.