Mr Manish Mahendrabhai Patel And Anr. v. Authorised Officer Indian Bank
Case brief
What is this about?
The Tribunal allowed an application for withdrawal of a pre-deposit of ₹10 lakhs made by an appellant whose appeal was dismissed for non-payment of the full amount. The Minister of State (MoS) Housing and Rural Development stated that the amount shall be released to the appellant.
What did the court decide?
Withdrawal of applied pre-deposit along with accrued interest to be allowed to Appellant No. 2 upon proper acknowledgement.