Sunil Soni and Ors. v. Bank of Baroda
Case brief
What is this about?
The court directed the appellant to deposit 25% of the amount due within 30 days as a mandatory pre-deposit under Section 18 of the SARFAESI Act. Failure to comply would result in dismissal of the appeal. The case was listed on 24.04.2023 for hearing on the waiver of the remaining amount.
What did the court decide?
Directed appellant to deposit 25% of the amount due within 30 days for entertaining the appeal.