Partly allowed
Brij Mohan Chopra v. State Bank of India and Ors.
Case brief
AI extract
What is this about?
In an appeal against an interim order fixing mandatory 25% pre-deposit under the RDB Act, the bench dismissed the appellant's application for recall of the Tribunal's order and directed him to deposit the minimum amount immediately. Failure to comply will result in dismissal. The appeal was listed for hearing on waiver of the remaining deposit.
What did the court decide?
Application for recall rejected; appellant directed to deposit 25% of debt determined under section 19 immediately under pain of dismissal.