Disposed
B.Devender Reddy v. M/s Mamatha Chit Funds (P) Ltd.
Telangana HCCOMPA/291/2012
Case brief
AI extract
What is this about?
This order condones a five-day delay by the applicant guarantor in paying a sum towards waived interest. The court decides not to impose additional penalties for the late compliance after a holiday and continues the exemption from extra interest.
What did the court decide?
Delay of five days condoned; no additional burden imposed; interim order regarding interest waiver continued.