The Debts Recovery Appellate Tribunal allowed an application for refund of pre-deposit made under Section 21 of the RDB Act, holding that the amount must be returned along with accrued interest upon disposal of the related appeal.
Refund of pre-deposited amount along with accrued interest via Demand Draft issued to the Appellants.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr. Justice Ashok Menon, Chairperson M.A. No. 34/2022 (Refund of Pre-deposit)
In
(Appeal No. 92/2019 – Disposed of)
Between
M/s. Mitexco & Ors. … Appellant/s V/s.
Canara Bank … Respondent/s
Ms. Sonali Jain, Advocate for the Appellants.
Ms. Vaishali R. Bhilare, Advocate for Respondent Bank.
-: Order dated: 04/08/2022:-
1
Sd/Chairperson
dpj-9
2
1 issue framed by the court
Whether the appellant is entitled to refund of pre-deposit made under Section 21 of the RDB Act when the related appeal has already been disposed of.
1 provisions across 1 enactments
M/s. Mitexco & Ors.
Canara Bank
Ashok Menon
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
