Kalpana Gnanasambandam v. Indian Bank and others
Case brief
What is this about?
In an application for refund of statutory deposit where the main appeal was dismissed and the respondent failed to appear, the Appellate Tribunal allowed the application and directed the office to refund the amount with accrued interest.
What did the court decide?
Application allowed. Office directed to refund the statutory deposit amount along with accrued interest if any.