Bank of Maharashtra v. Janarthanam
Case brief
What is this about?
The Debt Recovery Tribunal condoned a 225-day delay by the Bank of Maharashtra in re-filing an Original Application for debt recovery, relying on a High Court judgment distinguishing the bank's custodial responsibility of public funds. The application was admitted conditionally.
What did the court decide?
Condonation of 225 days delay in re-presenting the OA, conditional upon payment of Rs.2,000/- and filing compliance.