Disposed
State Bank of India v. United Shelter Private Limited
DRATMISC APPEAL/133/2023
Case brief
AI extract
What is this about?
In a misc. appeal challenging an order directing refund of auction surplus, the Tribunal directed the appellant bank to deposit surplus in a nationalized bank for 13 months and stayed the contempt proceeding pending the appeal's next hearing.
What did the court decide?
Direction to deposit surplus amount in a nationalized bank for 13 months; Contempt application before DRT stayed.