Shivkumar Shankarrao Deshpande v. Indian Bank (Allahabad Bank)
Case brief
What is this about?
The DRT allowed an application for refund of the first instalment of pre-deposit (Rs. 25 lakhs) by the appellants in their appeal against the Bank. Interest, if any, was also directed to be paid to the designated account.
What did the court decide?
Refund of Rs. 25 lakhs pre-deposit along with accrued interest to account No.924910110004503/Abs.4503 with Bank of India.