Drt status quo viability
Vinesh K Chhaya
(Querist) 13 March 2012
This query is : Resolved
Debt Recovery Trubunal Granted Status Quo on Selling against Co-operative bank on condition of To deposit Amount in one month....My Client has send the Cheque of due date which is before the date indicated in status quo as condition... But Bank officer deposited it after the date of status quo. so What the position of status quo?? it is continue or vacated automatically?
Ajay Bansal
(Expert) 14 March 2012
If said cheque has been cashed, then status quo will be continued.