Ms Sree Vishnu Khadsari Sugar Mill v. The Tamil Mercantiles Bank Ltd.
Case brief
What is this about?
The DRAT disposed of an application for waiver of pre-deposit under Section 21 of RDBFI Act. The court found the appellant's ground of financial stress sufficient, directing a 25% deposit within four weeks, failing which the appeal would be dismissed.
What did the court decide?
Appellant directed to deposit 25% amount within four weeks; failing which appeal dismissed.