M/S Navda Health Care Ltd. v. Canara Bank and Anr.
Case brief
What is this about?
Allowed an application for release of pre-deposit amount deposited by the applicant towards a decided appeal, directing its release to a specific individual within a fortnight.
What did the court decide?
Direction to release the deposited amount with interest to Prashant Tyagee within a fortnight.
What the court decided
Misc. Application No. 12/2025 in Appeal Dy. No. 604/2022 Date: 17.02.2025
M/s Navada Health Care Ltd. Vs. Canara Bank & Anr.
Present: Shri Rajneesh Pratap Singh, counsel for the applicant,
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 the amount towards pre-deposit for maintaining the appeal. It is further contended that the appeal has been decided, therefore, the amount deposited by the applicant may be released in favour of the Prashant Tyagee.
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 Prashant Tyagee within fortnight from today, if there is no other legal impediment for the same.
Justice R. D. Khare Chairperson
Anupam
Parties & counsel
- applicant
Navada Health Care Ltd.
- other
Prashant Tyagee
Coram
R. D. Khare
Case details
As recorded by the court registry
All orders in this case
12 orders share this CNR
Similar cases
Judgements on the same questions, provisions and authorities, from every court