The applicant, Meera Gautam, filed an application seeking release of Rs. 26.00 lacs deposited as a pre-deposit after the underlying appeal (disposed on 03.10.2024) was finalised. The court allowed the application.
Release of Rs. 26.00 lacs pre-deposit along with accrued interest to be made within a fortnight.
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M.A. No. 104/2024 In Appeal Dy. No. 471/2024 Date: 06.11.2024
Meera Gautam Vs. Tata Capital Financial Services Ltd. and 3 Ors.
Present: Shri Arif Iqbal, 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. 26.00 lacs towards pre-deposit for maintaining the appeal. It is further contended that the appeal has been disposed off vide order dated 03.10.2024. It is, therefore, prayed that the amount deposited by the applicant may be released in favour of the applicant- Meera Gautam.
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- Meera Gautam within fortnight from today, if there is no other legal impediment for the same.
Justice R. D. Khare Chairperson
Anupam
1 issue framed by the court
Whether the pre-deposit amount deposited to maintain an impugned appeal can be released to the applicant after the appeal is disposed of.
Meera Gautam
Tata Capital Financial Services Ltd. and 3 Ors.
R. D. Khare
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
