Dismissed
Bank of Baroda v. True Fab Engineers Pvt. Ltd. and Ors.
DRATMISC APPEAL/115/2021
Case brief
AI extract
What is this about?
In a video conference hearing, the Tribunal disposed of the respondents' interim application directing deposit of settlement amount drafts. The learned judge ordered the return of drafts to respondents to deposit directly with the bank upon account settlement.
What did the court decide?
The bank drafts deposited with the Registry be returned to the respondents for direct deposit with the bank. If the bank settles the account upon receipt, the bank shall issue an NOC.