Partly allowed
Mr. Mallapu Jesuraju Sunkanna v. Central Bank of India & Ors.
DRATREGULAR APPEAL/171/2015
Case brief
AI extract
What is this about?
The tribunal granted a partial waiver of the pre-deposit under Section 21 of the RDBA, 1993. The appellant was directed to deposit Rs. 2,55,000/- in two instalments. Payment of the first instalment entitles the appellant to a stay of further proceedings; failure to pay results in automatic dismissal.
What did the court decide?
Appellant directed to deposit Rs. 2,55,000/- in two instalments; stay of proceedings granted upon payment of the first instalment; failure to pay entails automatic dismissal of appeal.