M/S Mohan Ram Trading Pvt. Ltd. v. M/ Cholamandlam Investment and Finance Ltd. and Ors.
Case brief
What is this about?
The tribunal heard appeals regarding the auction of properties by a borrowed property. The borrower was absent. The tribunal ordered the maintenance of status quo to prevent third-party interests by all parties pending further proceedings.
What did the court decide?
Status quo maintained regarding the property in question by all parties to restrain creation of third-party interest.