M/S Arena Machineries Limited and Ors. v. Uco Bank
Case brief
What is this about?
Impartial tribunal directs respondent bank to submit a detailed statement of account showing pendente lite interest and consider pending deposits based on DRT award to facilitate settlement of the appeal.
What did the court decide?
Respondent bank directed to submit a statement of account for pendente lite interest considering pending deposits and communicate it before a week of the next hearing for settlement.