Smt Uma L Raju v. Sri G Malakondaiah
Case brief
What is this about?
The High Court allowed a commercial appeal against an ex-parte decree. The Court ordered deposit of Rs.1.5 Crores immediately and balance within four weeks to grant stay and remit the matter to the Trial Court for defense, automatically dismissing the appeal upon non-deposit.
What did the court decide?
Decree set aside; appeal allowed subject to deposit of Rs.1.5 Crores immediately and balance within four weeks; matter remitted to Commercial Court.