Allowed
Shree Swami Samarth Exports and Ors. v. Bank of Maharashtra
DRATMISC APPLICATION/50/2022
Case brief
AI extract
What is this about?
In M.A. No. 50/2022, the Debts Recovery Appellate Tribunal allowed the application petitioning for refund of the pre-deposit made u/s 18(2) of the SARFAESI Act, vide order dated 05.09.2022, along with accrued interest.
What did the court decide?
The Registry is directed to return the deposited sum of ₹34.50 Lakhs along with accrued interest to Appellant No.2.