Disposed
Vipul and company and Ors. v. Union Bank of India
DRATIA/268/2023
Case brief
AI extract
What is this about?
The DTAT Mumbai disposed of IA No. 268/2023 filed for urgent relief regarding the waiver of deposit. The court accepted a demand draft of ₹5 lakhs filed by the appellant and directed the Registrar to hold it in safe custody for further orders.
What did the court decide?
The application was disposed of by accepting the initial payment of ₹5 lakhs and retaining it in safe custody for further orders.