Partly allowed
M/S Mrp Group of Industries v. Bank of Baroda
DRATREGULAR APPEAL/4/2023
Case brief
AI extract
What is this about?
The Appellate Tribunal considered an application for waiver of pre-deposit by the appellant. It found that auction proceeds exceeded the notice amount and possession was delivered. The Tribunal allowed the waiver and admitted the appeal, listing it for further hearing.
What did the court decide?
Application for waiver of pre-deposit under Section 18(1) allowed; appeal admitted with regular number and listed for hearing.