Disposed
Manojkumar Sureshchand Lunkad and Ors. v. Punjab National Bank
DRATIA/69/2023
Case brief
AI extract
What is this about?
The Tribunal granted a two-week extension for the appellant to pay the balance of the first instalment of the pre-deposit. However, no stay was granted, and the bank may proceed with physical possession of secured assets upon the complete payment of the directed amount.
What did the court decide?
Extended time for payment of the balance amount of the first instalment of the pre-deposit to be paid within two weeks. No stay granted.