Sushahnt Hostel v. Fullorton India Credit Company
Case brief
What is this about?
The Tribunal disposed of a stay petition challenging eviction under SARFAESI. Bench granted stay subject to depositing dues in two installments within 45 days, overriding non-compliance with a prior High Court order.
What did the court decide?
Stay on execution of eviction order granted subject to depositing Rs. 35 lakh within 25 days and balance within 45 days totaling the outstanding due.