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Borrower can't adjust amount realized by sale of mortgaged asset toward pre-deposit for preferring appeal u/s 18

January 18, 2020[2020] 113 115 (Bombay)

FEMA, BANKING & INSURANCE: Where borrower had challenged before DRT sale of its mortgaged properties by secured creditor, amount that had been realized pursuant to sale of said properties would not be available to borrower for considering it towards pre-deposit amount for preferring an appeal under section 18

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