Disposed
Shri Madangopal R. Agarwal & Anr. v. Hdb Financial Services Ltd. & Anr.
DRATMISC APPLICATION/32/2022
Case brief
AI extract
What is this about?
The Debt Recovery Appellate Tribunal allowed an application by appellants to withdraw a pre-deposit amount made under Section 18 of the SARFAESI Act. The Tribunal directed the release of the deposited sum along with accrued interest.
What did the court decide?
The Tribunal directed the Registry to release the deposited amount with accrued interest to the Appellant.