M/S Ski and Snow Resorts Pvt. Ltd. and Others v. Punjab National Bank
Case brief
What is this about?
The court directed the appellants to deposit a minimum of 25% of the debt due to entertain the appeal, as mandated by the Act. Failure to deposit will result in the appeal standing dismissed without further reference. If the amount is deposited, the case is listed to consider waiver of the remaining 25%.
What did the court decide?
Direction to deposit 25% of debt; case listed for 07.08.2023 for consideration of waiver of remaining amount if deposit is made.