Santosh Laxman More and Anr. v. Bank of Baroda
Case brief
What is this about?
The DTAT directed release of the pre-deposit and accrued interest to the respondent bank for appropriation towards the debt. The interim stay was continued until the DRT expeditiously disposes of the Securitisation Applications within three months.
What did the court decide?
Release of pre-deposit and accrued interest to the respondent bank; continuation of interim stay; direction to DRT to dispose of SAs within three months.