Super Seal Industries v. Mahesh Shantilal Parekh
Case brief
What is this about?
The High Court partly allowed three appeals against orders granting conditional leave on 100% deposit, directing appellants to deposit 50% of the principal suit claim within eight weeks to defend the summary suits.
What did the court decide?
Leave to defend granted upon deposit of 50% of the principal claim within eight weeks; deposited funds to be invested in a fixed deposit scheme.