Vikram Omprakash Damani v. H D F C Bank and 3 Ors.
Case brief
What is this about?
The court directed the appellant to deposit 25% of the debt as a mandatory pre-deposit under Section 21 of the RDB Act within the fixed time. Failure to do so will result in dismissal. If deposited, the case will be listed to consider a waiver of the remaining 25%.
What did the court decide?
Directed appellant to deposit minimum 25% of the debt determined by the Tribunal; failure to deposit will result in dismissal of the appeal.