M/s.Nandha Energy Ltd, v. Idbi Bank Ltd.
Case brief
What is this about?
Petitioners sought court permission to deposit a balance pre-deposit in DRAT proceedings. The High Court allowed the writ petition, permitting the full deposit despite a shortfall in the first instalment attributable to registry refusal.
What did the court decide?
Permission granted to deposit Rs.9 Crores with the Registrar of DRAT, Chennai.