Ms Geeta Narayandas Shivadasani v. Axis Bank Limited
Case brief
What is this about?
The Delhi High Court disposed of an application for refund of pre-deposit. The single judge allowed the refund despite the respondent bank's opposition, noting there was no attachment or lien over the deposited amount. Relief was granted for refund of principal with accrued interest.
What did the court decide?
Refund of the amount deposited with accrued interest to the Appellant on proper acknowledgement.