Manik Santram Jadhav (Died) Thr Lrs Anant and Ors. v. G.M.I.D.C.Ltd., Thr Ex. Engineer, Omsanabad Irrigation Division, Osmanabad and Ors.
Case brief
What is this about?
The Court, in a civil appeal, permitted two applicants to withdraw 50% of deposited amount via undertaking, 25% via solvent surety, and directed investment of the balance 25% in a fixed deposit receipt till disposal.
What did the court decide?
Permission to withdraw 50% via undertaking and 25% via surety; balance 25% to be invested in FD till disposal.