Vidhya Surgical Cotton and Ors. v. Bank of India
Case brief
What is this about?
M.s. Vidhya Surgical Cotton & Anr. sought withdrawal of money deposited before Debt Recovery Appellate Tribunal, Mumbai, for an appeal that had already been disposed of. The Chairperson allowed the application and ordered release of the deposited amount with accrued interest without objection from respondents.
What did the court decide?
The application to withdraw the deposited amount including accrued interest is allowed and released to appellant No. 1.