Siddharth Exports v. Punjab National Bank
Case brief
What is this about?
The DRt allowed the applicant to file an appeal while condoning the limitation period. The court directed the bank to decide on a representation regarding a Rs. 10 lakh adjustment before disposing of the review application.
What did the court decide?
The period spent in this review shall be excluded from the limitation for the appeal; the bank is directed to decide on the applicant's representation regarding the Rs. 10 lac adjustment.