Gourav Welding Works v. Au Small Finance Bank Limited
Case brief
What is this about?
The Tribunal accepted the Applicant's plea for condonation of delay and granted a stay on the execution of an ADM order. The relief is conditional upon the deposit of the full outstanding amount (Rs. 48 Lakhs) within four months.
What did the court decide?
Stay on execution; Respondent restrained from coercive action upon deposit of Rs. 48 Lakhs in installments.