Bajrang Lal v. the Learned Judge,Mact,Churu
Case brief
What is this about?
This Single Bench allowed a writ petition quashing the Tribunal's order rejecting an application for premature release of compensation held in Fixed Deposit Receipts. Relying on coordinate bench judgments, the court held the Tribunal empowered under Rule 10.22(4) to vary investment or distribution orders based on changed circumstances.
What did the court decide?
The impugned order was quashed. The application was restored to the Tribunal with a direction to decide the application on merits expeditiously.