Stone Yuug v. Bank of Baroda
Case brief
What is this about?
Debt Recovery Appellate Tribunal at Chennai disposed of a prayer to withdraw a security deposit of Rs. 38 Lakhs. The Tribunal stayed the application pending the outcome of a Writ Petition filed by the appellants in the High Court, directing a withdrawal of that petition once ordered.
What did the court decide?
Application to withdraw Rs. 38 Lakhs deposit stayed pending production of High Court order permitting withdrawal of Writ Petition for Wp No. 8592/2025.