Remanded
M/s Natraj Sortex, through Its Prop. – Shri Natwar S/O Vishnukumar Modi v. State Bank of India
DRATIA/350/2022
Case brief
AI extract
What is this about?
This interlocutory order concerns a request for time to file a reply in a waiver of predeposit application. The Tribunal adjourned the matter, mandated a two-week reply deadline with a copy to the other side, and granted a statutory notice period safeguard against dispossession of the secured residential-cum-industrial property.
What did the court decide?
A direction was issued for the Respondent Bank to issue a 10 days' prior notice to the Appellant before taking possession of the secured property.