M Sarojana v. State Bank of India
Case brief
What is this about?
In Application No. 337 of 2018, the Tribunal considered a prayer to waive pre-deposit under Section 18 (1) of the SARFAESI Act 2002. Since the appellant deposited an amount exceeding the bank's demand without opposition, the Tribunal allowed the waiver and disposed of the application, listing the matter for future proceedings.
What did the court decide?
Waiver of pre-deposit under Section 18 (1) of the SARFAESI Act 2002 allowed; Application No. 337 of 2018 disposed of.