Allowed
Sachin Jamsingh Rajput and Anr. v. Union Bank of India
DRATIA/843/2024
Case brief
AI extract
What is this about?
The Debts Recovery Appellate Tribunal granted a six-week extension for the appellants to deposit the second instalment of the pre-deposit amount, noting that a prior application by the bank for appropriate credit had been withdrawn by the bank itself. It warned of dismissal of the appeal for further default.
What did the court decide?
Extended time of two weeks from the date of the order for deposit of ₹11 lakhs as the second instalment of pre-deposit subject to strict compliance under penalty of dismissal of the appeal.