Maruti Steels Limited v. Indian Bank (Allahabad Bank)
Case brief
What is this about?
This order disposed of Appeal Dy No.569/2022 by dismissing it. The Appellant failed to deposit the directed pre-deposit amount of Rs. 4,79,41,557/-, leading to the dismissal of the appeal as not maintainable.
What did the court decide?
Appeal dismissed as not maintainable due to non-compliance of order dated 14.02.2023 regarding pre-deposit.
What the court decided
Appeal Dy No.569/2022 Date 13.04.2023
M/s Maruti Steel Tubes & ors. Vs Indian Bank & Ors.
The Hon’ble Court vide order 14.02.2023, directed the Appellant to deposit 4,79,41,557/- as pre deposit for maintaining the appeal prior to the next date fixed i.e. 17.04.2023, failing which, the Appeal shall stand dismissed as not maintainable for want of mandatory pre- deposit without further reference to Hon’ble Court.
As per office report dated 13.04.2023, no amount has been deposited by the Appellant till date, as stipulated by the Hon’ble Court.
In view of non compliance of the above order dated 14.02.2023, passed by the Hon’ble Court, the Appeal stand dismissed.
Issues for consideration
1 issue framed by the court
Whether the appeal should be dismissed due to non-payment of mandatory pre-deposit.
Parties & counsel
- appellant
M/s Maruti Steel Tubes & ors.
- respondent
Indian Bank & Ors.
Case details
As recorded by the court registry
All orders in this case
10 orders share this CNR
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