Medidi Venkateshwar Rao v. Karvy Financial Services Ltd.
Case brief
What is this about?
In an appeal from the DRT, Visakhapatnam, this bench observed that the impugned order directed only issuance of notice regarding interim relief under the SARFAESI Act. The Tribunal dismissed the appeal and directed the DRT to dispose of the interim application after affording a hearing opportunity.
What did the court decide?
The appeal was disposed of with a direction to the DRT to dispose of the interim relief application after affording a hearing.