Shobha Dheeraj Lad v. Punjab National Bank
Case brief
What is this about?
In an appeal, an application was filed by the appellant for withdrawal of a pre-deposit amount pending appeal. The appellate tribunal allowed the application and directed the release of the deposited amount with accrued interest upon proper acknowledgement, noting no objection from the respondent.
What did the court decide?
Release of deposited pre-deposit amount with accrued interest to the appellant upon proper acknowledgement.