Supreme Court disposes appeal between M/s Only Wheel and Bank of Baroda over SARFAESI proceedings for loan recovery.
Appellants deposited Rs 2.54 crore and undertake to pay remaining Rs 56 lakh within two months for full settlement.
Court sets aside High Court order after acknowledging widow proprietor's settlement offer and financial difficulties.
Original 2014 cash credit facility of Rs 3.08 crore had escalated to Rs 4.24 crore due to accumulated liabilities.