Allowed
Continental Constructions Ltd. v. Export Import Bank of India & Ors.
DRATMISC APPLICATION/21/2024
Case brief
AI extract
What is this about?
The Tribunal allowed the appellant's application for withdrawal of a pre-deposit amount following a settlement with the respondent bank, directing the release of the principal and accrued interest upon acknowledgement.
What did the court decide?
Release of the amount lying in the deposit together with accrued interest to the Respondent bank on proper acknowledgement.