Rakesh Kumar Wadhwa and Ors. v. Hdb Financial Services Ltd.
Case brief
What is this about?
The tribunal heard an appeal where appellants deposited 25% and expressed willingness to settle. The court kept the deposit in a fixed deposit, listed the matter for further proceedings, and ordered that appellants not be dispossessed of the property pending proceedings.
What did the court decide?
Deposit kept in fixed deposit with nationalized bank; exploratory adjournment fixed; appellants not to be dispossessed of property pending proceedings.