Sumanta Sahu v. Indian Bank and Anr.
Case brief
What is this about?
The Debt Recovery Appellate Tribunal at Kolkata disposed of an application seeking waiver of pre-deposit under Section 18(1) of the SARFAESI Act as the required amount was deposited. A stay application was disposed of as an interim order remained subsisting.
What did the court decide?
Application for waiver of pre-deposit disposed in favour of appellant; stay application disposed of.