Anil Pandey Son of Satya Narayan Pandey v. Central Bank of India
Case brief
What is this about?
Single Bench issue interim protection against possession notice based on consensus. Applicants agreed to pay outstanding dues. Appeal finally disposed subject to installment deposits within four months. Bank restrained from coercive action. Dropped if fail to deposit.
What did the court decide?
Appeal disposed finally. Applicants to deposit Rs. 17 Lakhs plus interest in 4 installments within 4 months. Bank directed not to take coercive action pending compliance.