Partly allowed
Jasmin Metal and Ors. v. Icici Bank Ltd. and Anr.
DRATREGULAR APPEAL/144/2008
Case brief
AI extract
What is this about?
The tribunal considered an application for waiver of predeposit under Section 21 of the RDB Act as the recovery certificate was satisfied. A separate application for condoning a 145-day delay in filing an appeal was allowed, and the appeal was set to be heard on merits.
What did the court decide?
Application for waiver of predeposit closed; 145-day delay in filing appeal condoned; Appeal to be heard on merits.