Namdev Bhagat v. Bank of Baroda & Ors.
Case brief
What is this about?
The Tribunal held that a auction purchaser, being a third party and not the borrower or guarantor, is not required to make any predeposit to entertain an appeal against the forfeiture of sale consideration. The application for waiver was allowed.
What did the court decide?
Allowed the application for waiver of predeposit. Directed that the appellant is not required to make any predeposit for entertaining the appeal.