Dismissed
Hemadri Engineering Works v. Bank of Baroda (Vijaya Bank)
Case brief
AI extract
What is this about?
The Debt Recovery Appellate Tribunal, Chennai, dismissed Application IA 253/2024 filed for waiver of pre-deposit because the appellant failed to deposit the mandated 50% of the appeal amount within the stipulated two-week period, resulting in the rejection of the underlying appeal.
What did the court decide?
Application for waiver of pre-deposit dismissed; resulting in rejection of the under appeal.