Section 7 admission requires established financial debt and default, not precise interest quantification, while post-suspension defaults remain action...
Pending disposal of stay petition or appeal, whichever is earlier, by appellate authority, recovery proceedings against appellant for recovery of confirmed amounts shall be kept in abeyance. Application for early hearing of appeal shall be considered by appellate authority. Impugned judgment modified to this limited extent, rest of directions unaltered.
Pending disposal of stay petition or appeal, whichever is earlier, by appellate authority, recovery proceedings against appellant for recovery of confirmed amounts shall be kept in abeyance. Application for early hearing of appeal shall be considered by appellate authority. Impugned judgment modified to this limited extent, rest of directions unaltered.
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