Deustche Bank v. Rajarshi Cars Pvt. Ltd.
Case brief
What is this about?
This court allowed a Miscellaneous Application filed by Deutsche Bank A.G. for the withdrawal of a pre-deposit amount held against an appeal. The appeal had already been disposed of, and a settlement between the parties mandated the release of funds with accrued interest.
What did the court decide?
Order allowed; the amount lying in deposit together with accrued interest to be released to the applicant bank on proper acknowledgement.