Dismissed
Sanjay Anant Kedare v. Khush Housing Finance Private Limited
DRATMISC APPEAL/145/2022
Case brief
AI extract
What is this about?
Bank failed to comply with Tribunal order to remit alleged misappropriated funds. Authorised officer directed to explain non-compliance and face contempt. Further recovery action stayed pending next hearing.
What did the court decide?
Authorised officer directed to file explanation for non-compliance and face contempt; interim stay of further sarfaesi measures.