Supreme Court Allows Appeal for Refund of Deposit in SARFAESI Act Case — High Court's Order Set Aside. The deposit made by the appellants was not towards satisfaction of the debt and was only to establish bona fides for a One Time Settlement offer....
The appeals arose from a judgment of the High Court of Himachal Pradesh regarding a dispute between the appellants and Punjab National Bank concerning a loan for the Kut Hydro Electric Project. The ap...




