Shri Bishwanath Jhunjhunwala and Anr. v. Bank of Maharashtra
Case brief
What is this about?
The High Court stayed the sale of property sought to be attached by the Respondent-Bank during the pendency of an appeal before the Debt Recovery Appellate Tribunal, without expressing any opinion on the rival contentions.
What did the court decide?
No coercive steps to sell the property shall be taken by the Respondent during the pendency of the appeal before the Debt Recovery Appellate Tribunal.