Disposed
Royal Medical Trust v. Canara Bank
DRATREGULAR APPEAL/9/2023
Case brief
AI extract
What is this about?
The Debt Recovery Appellate Tribunal accepted the appellants' request to transfer an existing deposit from a disposed appeal to a new appeal. The court held that since the money remains with the Registrar, the bank's objection to the transfer was not tenable, and the appeal was registered.
What did the court decide?
Transfer of the amount Rs. 21,78,85,560/- from Appeal RA (SA) 39/2022 to this Appeal A.IR:3/2023 is accepted and the Appeal is registered.