Sabu Varghese George v. Authorized Officer Housing Development Finance Corporation Ltd.
Case brief
What is this about?
This order grants the appellant's application for the refund of the pre-deposit made under Section 18(1) of the SARFAESI Act, 2002. The tribunal noted that the property sale was completed and the underlying appeal was dismissed, directing the return of funds with accrued interest.
What did the court decide?
Return of pre-deposit amount along with accrued interest, if any.