Idl Industries Ltd. v. K.L.Wadhi and Co.P.Ltd.and Anr.
Case brief
What is this about?
Summary suit wherein plaintiff claimed over a crores. Court noted defendants failed to deposit requisite security sum of Rs.90 lakh within stipulated time after being granted conditional leave to defend. Court ruled plaintiff is entitled to decree, refund of court fees and advocates' costs.
What did the court decide?
Decree passed as prayed; refund of court fees and advocates' costs granted; office directed to place non-deposit certificate on record.