B. Venkatesh Pai v. the Union of India and Anr.
Case brief
What is this about?
This civil application concerned a request for stay against a demand notice. The appellant, a bank manager charged as an abettor, deposited Rs.1 lakh. The Court granted interim relief, allowing the respondents to withdraw the deposited amount subject to the final appeal outcome.
What did the court decide?
Interim relief in terms of prayer clause (a) granted by way of stay against the demand notice.