Mandabai Popat Changhate and Another Vs Managing Director Ashok Sahakari Sakhar Karkhana Ahmednagar

the reasoning of the order show that the application filed for permission to withdraw the amount was allowed by this Court and the Court wanted to ask the claimants to give solvent security in respect of the amount. It appears that in the operative order it is recorded that solvent security is to be furnished and there is direction to furnish other bank guarantee also. As per this order the amount was to be released only after furnishing solvent security. So, the order is modified as under :

¶16

"The applicants are allowed to withdraw sum of Rs.1,50,000/- each by furnishing solvent security to the satisfaction of the trial Court."

¶17

The application is disposed of in the aforesaid

¶18

terms.

¶19

Sd/- (T.V. NALAWADE, J. )

¶20

rsl

Mandabai Popat Changhate and Another v. Managing Director Ashok Sahakari Sakhar Karkhana Ahmednagar

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Mandabai Popat Changhate and Another v. Managing Director Ashok Sahakari Sakhar Karkhana Ahmednagar

Case brief

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What did the court decide?

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