Lotus Gardens Private Limited v. Canara Bank
Case brief
What is this about?
This manner in which the creditors appeal against the order dated 27.4.2021 in IA 732/2021 is preferred by the appellant. The tribunal below had directed the appellant to deposit a sum of Rs. 56,47,000 in three instalments. The appellant had paid two instalments and sought an extension for the third, which was refused. The appeal was disposed of by directing the tribunal below to dispose of the ma
What did the court decide?
Trig below to dispose of SA 15/2021 expeditiously; both parties maintain status quo until disposal; appeal disposed of without costs.