Archive · 21 Jan 2026
JDA Resolves 30-Year Legal Dispute
The Jammu Development Authority (JDA) has won a long legal fight that lasted 30 years.
Because of this, the Jammu & Kashmir Bank gave back Rs 18.12 crore, which includes some extra money as interest.
This money has been put into the JDA's account.
The JDA is very happy about this because it means they can now use this money for their work.
JDA resolved a 30-year-old legal dispute.
Jammu & Kashmir Bank released bank guarantees worth Rs 18.12 crore.
The released amount includes interest.
The funds have been credited to the JDA's account.
JDA issued a statement confirming the resolution.
- Who
- Jammu Development Authority (JDA)
- What
- Resolved a 30-year-old legal dispute
- When
- January 21
- Where
- Jammu, India
- Why
- To release bank guarantees with interest
- Organization
- Jammu Development Authority (JDA)
- Dispute Duration
- 30 years
- Bank
- Jammu & Kashmir Bank
- Bank Guarantees Released
- Rs 18.12 crore
- Includes
- Interest