Disposed
Export-Import Bank of India (Exim Bank) v. Hummingbird Soft Solutions Private Limited
DRATREGULAR APPEAL/85/2025
Case brief
AI extract
What is this about?
The Debt Recovery Appellate Tribunal disposed of an interim application seeking waiver of pre-deposit under Section 18 of the SARFAESI Act. The Court held that no pre-deposit is required when the appeal is filed by the secrued creditor. The main appeal was admitted, notice issued, and listing granted.
What did the court decide?
Application for waiver of pre-deposit disposed. Appeal admitted; notice issued; matter listed for hearing.