Mohit v. Punjab National Bank
Case brief
What is this about?
This constitution bench of Justice R. D. Khare allowed an application by the appellant for release of deposited appeal amount along with interest, directing its payment to the third-party Rahul Awana within two weeks, noting the appeal was already decided.
What did the court decide?
Released the deposited pre-deposit amount with accrued interest in favour of Rahul Awana within two weeks, subject to no legal impediment.
What the court decided
A compact analysis
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M.A. No. 90/2025 In Appeal Dy. No. 923/2025 Date: 18.06.2025
Mohit Vs. Punjab National Bank
Present: Shri Raj Kumar Tiwari, counsel for the appellant,
Heard the learned counsel for the applicant on the application for release of amount.
Learned counsel for the applicant contends that the applicant had deposited Rs. 80.00 lacs towards pre-deposit for maintaining the appeal. It is further contended that the appeal has already been decided, therefore, it is prayed that the amount deposited by the applicant may be released in favour of the applicant no. 2-Rahul Awana.
In view of the above, the application for release of amount is allowed and the amount deposited towards pre-deposit along with interest accrued thereupon is directed to be released in favour of the applicant no. 2-Rahul Awana within two weeks from today, if there is no legal impediment for the same.
Justice R. D. Khare Chairperson
Anupam
Parties & counsel
- appellant
Mohit
- respondent
Punjab National Bank
Coram
R. D. Khare
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · June
- CNR
- 091090009232025
- Topic
- Banking and Recovery
All orders in this case
2 orders share this CNR
- Order 1 · Rajesh Dayal Khare
- Order 2 — this page · Rajesh Dayal Khare
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