Disposed
Indusind Bank Limited v. Anand Shree Fruit Bonanza and Another
Case brief
AI extract
What is this about?
The NCLT allowed an appeal against an interim status quo order under the SARFAESI Act. The Court held that since a securitization application was pending, the appeal was disposed of by directing the appellant to file an appropriate application with the Tribunal below for redressal of grievances, directing an expedited hearing.
What did the court decide?
Disposal of the appeal by directing the appellant to file an appropriate application before the Tribunal below for redressal of grievances.