Disposed
M/s. Amit Enterprises & Anr. v. Canara Bank & Ors.
DRATMISC APPLICATION/106/2023
Case brief
AI extract
What is this about?
The Tribunal allowed the prayer to release the appeal money together with accrued interest deposited before it to the respondent bank via RTGS, pursuant to the settlement arrived at by the appellants to appropriate the sum towards the debt due.
What did the court decide?
The prayer is allowed. The amount in deposit together with accrued interest shall be released to the 1st Respondent Bank by way of RTGS for appropriation towards the debt due from the Appellants.