in Misc. Appeal Dy. No. 2468/2024, may be used as pre-deposit in this Appeal. teamed Counsel for Respondent Bank opposes this Waiver Application and submits that mandatory 50% of the amount of debt due has to be deposited for entertaining the Appeal. Learned Counsel for Auction Purchaser submitted that the Auction Purchaser paid the sale consideration, Sale Certificate was also registered in the name of Auction Purchasers. Thus, she opposes the waiver of pre-deposit. Considered the rival submissions and perused the records. It is seen from the submission made by the Learned Counsel for the parties that the property had already been sold. 3rd party interest had been credited. As per the Sale Notice dated 22.10.2024, the amount due was Rs.4,03,00,155.65p due as on 13.11.2024. The property was sold for Rs.6,08,50,000/-. It is the submission of Learned Counsel for Respondent Bank that there is balance sale consideration still lying with the Bank. In the said circumstances, and that already 25% of the amount claimed in the Sale Notice was deposited and lying with DRAT, Mumbai, in the connected Appeal in Misc. Appeal Dy. 2468/2024, and now this sale is held and Sale Certificate is issued, and this Appeal challenges the sale and Sale Notice also, pre-deposit has to be made. Tn the said circumstances, directing the Petitioners/Appellants to deposit 30% of Rs.4,03,00,155.65p would meet the requirement under Section 18 {]) of SARFAESI Act, 2002, for entertaining the Appeal. Admittedly, 30% of Rs.4,03,00,155.65p comes to Rs. 1,20,90,046.69 (Rounded off to Rs. 1,20,90,047/-). Therefore,
