Kishor Bhausaheb Bhosale and Anr. v. Msrtc Thr Divnl Controller Ahmednagar and Anr.
Case brief
What is this about?
The High Court allowed an application seeking withdrawal of a deposited security amount by the applicants, permitting 50% immediate withdrawal subject to solvent security and the remaining 50% upon undertaking to deposit funds within twelve weeks if the appeal succeeds.
What did the court decide?
Allowance of withdrawal of 50% of deposited security amount subject to solvent security and undertaking for balance amount.