Paratus Real Estates Pvt. Ltdd. v. Canara Bank
Case brief
What is this about?
The single-judge bench dismissed the appeal filed by Paratus Real Estates Pvt. Ltd. against Canara Bank for non-payment of the mandatory 25% pre-deposit ordered previously.
What did the court decide?
The appeal is treated to have been dismissed.
What the court decided
Appeal Dy.No 1136/2022 Date 16.08.2023
Paratus Real Estates Pvt. Ltd. Vs Canara Bank
The Hon’ble Court vide order 29.05.2023, directed the Appellant to deposit 25% of the amount due prior to the next date fixed i.e. 17.08.2023 failing which, the Appeal shall stand dismissed as not maintainable for want of mandatory pre- deposit without further reference to Hon’ble Court.
As per office report dated 16.08.2023 no amount has been deposited by the Appellant till date, as stipulated by the Hon’ble Court.
In view of non compliance of the above order dated 29.05.2023, passed by the Hon’ble Court, the Appeal is treated to have been dismissed.
(Registrar)
Issues for consideration
1 issue framed by the court
Whether an appeal stands dismissed for non-compliance with a mandatory pre-deposit order.
Parties & counsel
- appellant
Paratus Real Estates Pvt. Ltd.
- respondent
Canara Bank
Case details
As recorded by the court registry
All orders in this case
6 orders share this CNR
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