Jiangsu Guotai International Group Winsun Import and Export Co. Ltd. v. Danopharm Chemicals Pvt. Ltd. Cin U24100MH2009PTC189592
Case brief
What is this about?
On consent terms, the high court disposed of the company petition for winding up by permitting the respondent to withdraw its security deposit along with accrued interest.
What did the court decide?
The security deposit of Rs. 45,00,000/- alongwith accrued interest is permitted to be withdrawn by the respondent company.