Aditya Swaroop Pandey v. Aryavart Bank
Case brief
What is this about?
Allowed application for release of Rs. 19.12 lacs pre-deposit along with interest to applicant in disposed-off appeal, directing release within fortnight absent legal impediments.
What did the court decide?
Release of Rs. 19.12 lacs pre-deposit along with interest to applicant within fortnight.
What the court decided
Application Dy. No. 1664/2024 In Appeal Dy. No. 1061/2022 Date: 05.11.2024
Aditya Swaroop Pandey Vs. Aryavart Bank
Present: Shri D. N. Awasthi, counsel for the applicant,
Heard the learned counsel for the applicant on the application for release of amount.
Learned counsel for the applicant contends that the applicant had deposited a sum of Rs. 19.12 lacs towards pre-deposit for maintaining the appeal. It is further contended that the appeal has been disposed off vide order dated 21.10.2024. It is, therefore, prayed that the amount deposited by the applicant may be released in favour of the applicant- Aditya Swaroop Pandey.
In view of the above, the application for release of amount is allowed and the aforesaid amount along with interest accrued thereupon is directed to be released in favour of the applicant- Aditya Swaroop Pandey within fortnight from today, if there is no other legal impediment for the same.
Justice R. D. Khare Chairperson
Anupam
Issues for consideration
1 issue framed by the court
Whether the pre-deposit amount of Rs. 19.12 lacs along with accrued interest deposited by the applicant may be released.
Parties & counsel
- applicant
Aditya Swaroop Pandey
- respondent
Aryavart Bank
Coram
R. D. Khare
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · November
- CNR
- 091090016642024
- Bench
- Rajesh Dayal Khare
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