Imposes ₹10.31 Crore Deposit Condition for Leave to Defend in Loan Recovery Suit: “Defendant’s Defence Plausible but Improbable; Unconditional Leave Denied in Order XXXVII CPC Proceedings”

Court’s Decision The Delhi High Court ruled that the respondent could not be granted unconditional leave to defend in a loan recovery suit under Order XXXVII of the Code of…