M/s Anand Poultry Farm & Anr. v. Bank of India & Ors.
Case brief
What is this about?
This Tribunal allowed an application for refund of an amount deposited under Section 21 of the RDDB Act. The amount, deposited per High Court direction, was returned with accrued interest as the underlying appeal was disposed and no attachment proceedings were pending.
What did the court decide?
The deposited amount of ₹ 20 lakhs along with accrued interest shall be returned to the appellants on proper acknowledgement.