Dismissed
Mr Palani Son of Ramasamy Late v. Central Bank of India
Case brief
AI extract
What is this about?
The Debt Recovery Appellate Tribunal dismissed the appellant's application for waiver of a statutory pre-deposit. Since the appellant failed to deposit 25% of the decretal amount within the stipulated two-week period, the Tribunal rejected the underlying appeal and dismissed the waiver application for non-compliance.
What did the court decide?
Waiver of statutory pre-deposit dismissed; underlying Appeal AIR (SA) 30/2023 rejected.