V. U. Shankar v. Syndicate Bank
Case brief
What is this about?
SARFAESI Act Section 17; statutory predeposit default; DRAT Chennai; AIR(SA) 639/2017 appeal dismissed; restoration of appeal on deposit; Rs.8,00,000/- predeposit; Rs.10,00,000/- deposit permitted; deadline 22.11.2025; Articles 226 and 227 Constitution; writ of certiorari; Syndicate Bank Indiranagar Branch; V. U. Shankar; M.V.R Joseph; Rani Joseph; GM-DRT; W.P. No. 9929 of 2023; interim protection not to precipitate; Writ Petition No.58141 of 2017 antecedent; Karnataka High Court Bengaluru; NC: 2025:KHC:45319-DB
What did the court decide?
Conditional restoration: petitioner permitted to deposit Rs.10,00,000/- before the DRAT, Chennai on or before 22.11.2025; upon such deposit, Appeal No.AIR (SA) 639/2017 to be restored to its original number and decided on merit in accordance with law expeditiously; interim protection (respondents not to precipitate the matter) extended till 22.11.2025; in default of deposit, the impugned dismissal order stands confirmed.